Liontown Resources Limited (OTCMKTS:LINRF – Get Free Report)’s share price traded down 14.7% during trading on Friday . The company traded as low as C$0.76 and last traded at C$0.76. Approximately 133 shares traded hands during trading, a decline of 99% from the average session volume of 14,205 shares. The stock had previously closed at C$0.89.
Liontown Resources Price Performance
The business’s 50 day simple moving average is C$0.88 and its 200 day simple moving average is C$1.23.
About Liontown Resources
Liontown Resources Limited is an Australia-based mineral exploration and development company focused on the discovery and advancement of lithium projects for the global battery market. The company’s principal asset is the Kathleen Valley lithium project in the Eastern Goldfields region of Western Australia, where it is advancing a large-scale hard-rock lithium deposit toward production of spodumene concentrate. Liontown’s project portfolio also includes several early-stage tenements in the region that complement its flagship development site.
At Kathleen Valley, Liontown has completed extensive drilling campaigns and technical studies to define a significant mineral resource and to support engineering and environmental approvals.
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