Executive Summary
Liontown Resources Limited engages in the exploration and evaluation of mineral properties in Australia.
Snowflake
Fundamentals
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Liontown Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
6.5%
LTR
-3.4%
AU Metals and Mining
0.4%
AU Market
1 Year Return
292.0%
LTR
7.9%
AU Metals and Mining
9.8%
AU Market
Return vs Industry: LTR exceeded the Australian Metals and Mining industry which returned 7.9% over the past year.
Return vs Market: LTR exceeded the Australian Market which returned 9.8% over the past year.
Shareholder returns
| LTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.5% | -3.4% | 0.4% |
| 30 Day | 5.4% | -7.4% | -0.7% |
| 90 Day | -34.7% | -12.1% | -0.6% |
| 1 Year | 295.1%292.0% | 15.3%7.9% | 16.1%9.8% |
| 3 Year | 208.7%206.3% | 55.7%37.0% | 36.1%17.9% |
| 5 Year | 318.4%292.0% | 53.8%18.9% | 49.4%15.8% |
Price Volatility Vs. Market
How volatile is Liontown Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
How Much Of Liontown Resources Limited (ASX:LTR) Do Insiders Own?4 months ago | Simply Wall St
Who Has Been Buying Liontown Resources Limited (ASX:LTR) Shares?8 months ago | Simply Wall St
What You Must Know About Liontown Resources Limited's (ASX:LTR) Beta ValueValuation
Is Liontown Resources undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Liontown Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Liontown Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of LTR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Liontown Resources regulatory filings.
- Explore potentially undervalued companies in the Materials industry.
Future Growth
How is Liontown Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
3.0%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Liontown Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of LTR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Liontown Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Liontown Resources performed over the past 5 years?
-33.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LTR is unprofitable, and losses have increased over the past 5 years at a rate of -33.9% per year.
Accelerating Growth: Unable to compare LTR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LTR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).
Return on Equity
High ROE: LTR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
ROA vs Industry: LTR is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: LTR is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Liontown Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LTR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LTR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LTR is debt free.
Reducing Debt: LTR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Inventory Level: LTR has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LTR's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LTR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LTR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -49.5% each year
Next Steps
Dividend
What is Liontown Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate LTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LTR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if LTR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LTR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LTR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
What is the CEO of Liontown Resources's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average management tenure
CEO
David Richards (58yo)
9.4yrs
Tenure
AU$390,048
Compensation
Mr. David Ross Richards, BSc (Hons), MAIG, MAICD has been Managing Director of Liontown Resources Ltd. since May 1, 2010. Mr. Richards is a qualified geologist with over 30 years experience and a proven tr ...
CEO Compensation Analysis
Compensation vs. Market: David's total compensation ($USD266.19K) is about average for companies of similar size in the Australian market ($USD259.09K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.1yrs
Average Tenure
Experienced Management: LTR's management team is considered experienced (2.1 years average tenure).
Board Age and Tenure
9.4yrs
Average Tenure
65yo
Average Age
Experienced Board: LTR's board of directors are considered experienced (9.4 years average tenure).
Insider Trading
Insider Buying: LTR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 833,333 |
| Max Price | AU$0.12 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 9,166,666 |
| Max Price | AU$0.12 |
| Entity | Individual |
| Role | Chief Executive Officer MD & Executive Director |
| Shares | 250,000 |
| Max Price | AU$0.12 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 833,333 |
| Max Price | AU$0.12 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 2,000,000 |
| Max Price | AU$0.087 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 500,000 |
| Max Price | AU$0.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 500,000 |
| Max Price | AU$0.11 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 45,236,998 |
| Max Price | AU$0.02 |
Ownership Breakdown
Management Team
David Richards (58yo)
MD & Executive Director
- Tenure: 9.4yrs
- Compensation: AU$390.05k
Richard Hacker (46yo)
Chief Financial Officer
- Tenure: 0yrs
- Compensation: AU$52.58k
Eileen Hao
GM & Chief Representative for China
- Tenure: 0.6yrs
Kym Verheyen
Company Secretary
- Tenure: 2.1yrs
Board Members
Craig Williams (67yo)
Non-Executive Director
- Tenure: 12.9yrs
- Compensation: AU$90.91k
Steve Chadwick (66yo)
Non-Executive Director
- Tenure: 0.8yrs
- Compensation: AU$104.93k
David Richards (58yo)
MD & Executive Director
- Tenure: 9.4yrs
- Compensation: AU$390.05k
Tim Goyder (65yo)
Non-Executive Chairman
- Tenure: 13.7yrs
- Compensation: AU$219.84k
Anthony Cipriano (52yo)
Non-Executive Director
- Tenure: 5.3yrs
- Compensation: AU$90.91k
Company Information
Liontown Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Liontown Resources Limited
- Ticker: LTR
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$165.570m
- Shares outstanding: 1.69b
- Website: https://www.ltresources.com.au
Location
- Liontown Resources Limited
- 1292 Hay Street
- Level 2
- West Perth
- Western Australia
- 6005
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LTR | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2006 |
| LTR | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2006 |
| LIS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2006 |
Biography
Liontown Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company explores for lithium, gold, vanadium, and nickel deposits. Its principal property is the ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 10:33 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.