LIONTOWN RESOURCES LIMITED (LTR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

LTR - LIONTOWN RESOURCES LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -7.8
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.555

17 Dec
2024

0.005

OPEN

$0.55

0.91%

HIGH

$0.57

10,428,280

LOW

$0.55

TARGET
$0.80 44.1% upside
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . ASN . AZL . BKT . BSX . CXO . DLI . EMN . GL1 . GLN . GT1 . INR . JRV . LEL . LKE . LLL . LPD . LTM . LTM . MNS . NMT . NVX . PLL . PLS . PSC . RNU . SRL . SYA . SYR . TLG . VR8 . VUL . WC8 . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
LTR: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 2.8 - 2.6 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-2.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx31.8
Net Operating Cash Flow xxxxxxxxxxxxxxx-47.0 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-10.64 %
Return on Invested Capital xxxxxxxxxxxxxxx-7.24 %
Return on Assets xxxxxxxxxxxxxxx-6.36 %
Return on Equity xxxxxxxxxxxxxxx-10.64 %
Return on Total Capital xxxxxxxxxxxxxxx-6.72 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-712.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx7 M
Long Term Debt xxxxxxxxxxxxxxx454 M
Total Debt xxxxxxxxxxxxxxx461 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx123 M
Price To Book Value xxxxxxxxxxxxxxx2.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx665.7 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx1 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx59 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.4

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

12/11/2024

5

Downgrade to Sell from Neutral

$0.75

35.14%

Following a trading update, Citi downgrades Liontown Resources.

Management outlined a higher margin of 2.8mt p.a. for FY28-FY30, projecting 530kt of spodumene concentrate but a lower lithium carbonate output of around -8kt to -19kt.

Costs are expected to trend higher in 2H2025 and decrease into FY27-FY30, with capex flagged as exceeding expectations, raising balance sheet concerns for the analyst.

Citi flags another $100m in financing from the LG Solutions convertible terms is available to be drawn down.

Based on the projected 2.8mt p.a., the target price falls to 75c from 85c. Due to the stock's recent outperformance, the rating is downgraded to Sell from Neutral.

FORECAST
Citi forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -4.60 cents.
Citi forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.10 cents.

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

5

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Jarden

14/11/2024

4

Underweight

$0.68

22.52%

Jarden notes a recent optimisation study for Liontown Resources' Kathleen Valley project, identified -$100m in cost savings and targets higher-grade ore to manage unit costs.

Production guidance for H2 of FY25 is set at 170-185kt of spodumene concentrate, with costs (AISC) expected to range from $1,170-1,290/dmt.

The broker highlights a risk of a liquidity shortfall by mid-2025 if lithium prices don’t recover to sustain operations. Longer-term stability depends on achieving steady-state production and higher concentrate grades as the mine develops.

Jarden maintains an Underweight rating on Liontown Resources, with a target price of 68c.

FORECAST
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -6.00 cents.
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -1.20 cents.

Petra Capital

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Extra Coverage Research History >

LTR STOCK CHART

FNArena News on LTR

1
Rudi’s View: Best Buys & Smaller Cap Favourites

Dec 12 2024 - Rudi's View
2
Rudi’s View: In Santa We Trust (?)

Dec 05 2024 - Rudi's View
3
Rudi’s View: Trump Beneficiaries & TechOne

Nov 28 2024 - Rudi's View
4
Australian Broker Call *Extra* Edition – Nov 28, 2024

Nov 28 2024 - Daily Market Reports
5
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View

Latest New Battery Elements News

1
In Brief: Lithium, Brazilian Rare Earths & Fineos

Oct 18 2024 - Weekly Reports
2
Patriot Battery Minerals: The Long Game

Jul 22 2024 - Commodities
3
Awaiting The Next Lithium Upswing

Jul 17 2024 - Feature Stories
4
Australian Broker Call *Extra* Edition – Jul 01, 2024

Jul 01 2024 - Daily Market Reports
5
Treasure Chest: A Bottom For Lithium?

Feb 05 2024 - Treasure Chest
6
Tough Times For IGO

Feb 01 2024 - Australia
7
ESG Focus: The Little Big Things – 31-10-2023

Nov 01 2023 - ESG Focus
8
Lithium: Short Term Pain, Long Term Gain?

Oct 13 2023 - Feature Stories
9
ESG Focus: Grid Battery Innovation Barrelling Down

Sep 07 2023 - ESG Focus
10
Allkem: On The Move

Sep 05 2023 - Technicals