Insider Buying: Liontown Resources Limited (ASX:LTR) Insider Purchases 1,430,679 Shares of Stock

Liontown Resources Limited (ASX:LTR) insider Tony Ottaviano bought 1,430,679 shares of the firm’s stock in a transaction that occurred on Tuesday, June 10th. The shares were acquired at an average price of A$0.66 ($0.43) per share, with a total value of A$944,248.14 ($613,148.14).

Liontown Resources Stock Performance

The company has a debt-to-equity ratio of 59.85, a current ratio of 1.31 and a quick ratio of 22.78. The firm has a market cap of $1.58 billion, a P/E ratio of -24.25 and a beta of 1.14.

About Liontown Resources

Liontown Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for lithium, gold, vanadium, copper, and nickel deposits, as well as platinum group elements. Its flagship property is the Kathleen Valley lithium project located in Perth, Western Australia.