Liontown Resources Limited (OTCMKTS:LINRF – Get Free Report)’s stock price shot up 12.6% during trading on Friday . The stock traded as high as C$0.94 and last traded at C$0.93. 12,640 shares were traded during trading, a decline of 13% from the average daily volume of 14,562 shares. The stock had previously closed at C$0.82.
Liontown Resources Stock Performance
The stock’s fifty day moving average is C$1.03 and its two-hundred day moving average is C$1.26.
Liontown Resources Company Profile
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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