Liontown Resources (ASX:LTR) Trading Up 7.4%

Shares of Liontown Resources Limited (ASX:LTR) were up 7.4% during mid-day trading on Friday . The stock traded as high as A$0.09 ($0.06) and last traded at A$0.09 ($0.06), approximately 6,928,278 shares changed hands during mid-day trading. An increase of 120% from the average daily volume of 3,150,000 shares. The stock had previously closed at A$0.08 ($0.06).

The stock has a market cap of $146.99 million and a PE ratio of -8.70. The company has a fifty day moving average of A$0.09 and a 200-day moving average of 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.