Liontown Resources (ASX:LTR) Stock Price Down 7.4%

Liontown Resources Limited (ASX:LTR)’s share price dropped 7.4% on Wednesday . The company traded as low as A$0.13 ($0.09) and last traded at A$0.13 ($0.09), approximately 2,954,083 shares changed hands during mid-day trading. A decline of 6% from the average daily volume of 3,150,000 shares. The stock had previously closed at A$0.14 ($0.10).

The firm has a market capitalization of $211.19 million and a PE ratio of -12.50. The firm’s 50 day moving average price is A$0.10 and its 200-day moving average price is A$0.10.

Liontown Resources Company Profile (ASX:LTR)

Liontown Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company explores for lithium, gold, vanadium, and nickel. It holds interest in the Kathleen Valley lithium-tantalum project, the Buldania lithium project, the Killaloe project, and the Norcott project located in Western Australia; and the Toolebuc Vanadium project located in Queensland.

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