002460.SZ - Ganfeng Lithium Co., Ltd.

Shenzhen - Shenzhen Delayed Price. Currency in CNY
28.91
-0.18 (-0.62%)
At close: 4:29PM CST
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Previous Close29.09
Open28.81
Bid28.91 x 0
Ask28.92 x 0
Day's Range28.66 - 29.48
52 Week Range19.21 - 32.45
Volume23,433,701
Avg. Volume24,112,900
Market Cap34.859B
Beta (3Y Monthly)1.10
PE Ratio (TTM)63.96
EPS (TTM)0.45
Earnings DateOct 29, 2019
Forward Dividend & Yield0.30 (1.03%)
Ex-Dividend Date2019-07-26
1y Target Est36.28
  • Reuters

    Ganfeng’s lithium expertise set to power Bacanora’s Mexico project

    London-listed Bacanora Lithium plans a $300 million capital raise early next year and says a deal with China's Ganfeng Lithium Co Ltd puts it in a better position to raise cash than when it cancelled a smaller share sale last year. Bacanora's Sonora lithium project in Mexico is one of many that have fallen behind schedule as production of the battery mineral tests traditional mining skills and the market is volatile because of uncertainty about supply and demand. After withdrawing a planned London $100 million capital raise in July 2018, Bacanora announced in June this year it had reached an investment and offtake agreement with Ganfeng Lithium, one of the world's biggest lithium producers.

  • Reuters

    Lithium Americas boosts budget, production target for Argentina project

    Lithium Americas Corp on Monday boosted its budget and production forecast for Argentina's Cauchari-Olaroz lithium brine project, a bullish move linked to the electric vehicle revolution, sending its shares up more than 4 percent in after-hours trading. The move is a tacit bet by the company and partner Ganfeng Lithium Co Ltd that a projected surge in long-term demand for the white metal will overcome any short-term concerns about Argentina's economy. Embattled President Maurio Macri has initiated capital controls to protect the peso currency and is expected by many to lose re-election next month.

  • Reuters

    Lithium Americas names new CEO, quarterly loss shrinks

    Lithium Americas Corp, which is developing lithium projects in Argentina and Nevada, said on Wednesday that its quarterly loss shrank as costs fell and sales rose, and that its chief executive would retire. The company is one of a handful of junior miners around the world working to develop mines for lithium, a key metal used to make electric vehicle batteries. The Vancouver-based company said CEO Tom Hodgson is retiring effective immediately and will be replaced by Jonathan Evans, who has been the company's president and chief operating officer since last September.

  • Reuters

    China's General Lithium to launch 60,000 T spodumene converter by end-2020

    General Lithium Corp, China's fourth-biggest lithium producer, plans to start building a plant to convert mineral ore to lithium that will more than triple its capacity by the end of 2020, a company official said on Friday. The plant will convert spodumene, a hard-rock mineral mined for lithium, into 60,000 tonnes of lithium carbonate equivalent (LCE) per year in the city of Yichang, in central China's Hubei province, said the official, who asked not to be identified, during an interview on the sidelines of an industry conference. The expansion, from General Lithium's current capacity of 22,000 tonnes of LCE per year, mounts a challenge to competitors Ganfeng Lithium Co and Tianqi Lithium , two of the world's biggest producers, although all major lithium firms are expanding due to rising demand for the metal used in batteries for electric vehicles.

  • Reuters

    China Stocks-Factors to watch on Monday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +0.9 pct, CSI300 +1.0 pct, HSI -0.2 pct * HK- Shanghai Connect daily quota used 0.5 pct, Shanghai- HK daily quota used 2.6 pct * HK- Shenzhen Connect daily ...

  • Reuters

    BRIEF-Ganfeng Lithium In MoU To Offer Lithium Related Products To Volkswagen

    April 7 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT SIGNS MOU WITH VOLKSWAGEN AG TO OFFER LITHIUM RELATED PRODUCTS TO THE LATTER IN NEXT TEN YEARS Source text in Chinese: http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?4dc9b56e-8946-4e0c-ba22-d735d6193591 ...

  • Reuters

    BRIEF-Ganfeng Lithium's Netherlands Unit To Increase Holdings In Argentina's Minera Exar

    April 1 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS ITS NETHERLANDS UNIT TO INVEST $160 MILLION IN ARGENTINA'S MINERA EXAR * SAYS ITS NETHERLANDS UNIT TO OWN 50 PERCENT STAKE IN MINERA EXAR AFTER TRANSACTION ...

  • GlobeNewswire

    Lithium Americas Announces US$160 Million Project Investment by Ganfeng Lithium in Caucharí-Olaroz and Parties to Jointly Evaluate an Increase to 40,000 tpa

    GFL agrees to subscribe for newly issued shares in Minera Exar, the holding company for Caucharí-Olaroz, for consideration of US$160 million. Lithium Americas and Ganfeng Lithium to form 50/50 joint venture. Upon closing, LAC and GFL will each own a 50% equity interest in Caucharí-Olaroz, adjusted from the current 62.5% and 37.5% interests, respectively.

  • Reuters

    China Stocks-Factors to watch on Friday

    * PREVIOUS TRADING SESSION MOVES: * SSEC -0.9 pct, CSI300 -0.4 pct, HSI +0.0 pct * HK- Shanghai Connect daily quota used -1.7 pct, Shanghai- HK daily quota used 0.2 pct * HK- Shenzhen Connect ...

  • Reuters

    BRIEF-Ganfeng Lithium Says 2018 Net Profit Down 16.7 Percent Y/Y

    (Refiles with more bullet points, links) March 28 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS 2018 NET PROFIT DOWN 16.7 PERCENT Y/Y * SAYS IT OR UNITS PLAN TO INVEST UP TO $500 MLN DEBT FINANCING INSTRUMENTS ...

  • Reuters

    BRIEF-Ganfeng Lithium To Boost Hong Kong Unit GFL International's Capital By $500 Mln

    March 7 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT PLANS TO BOOST HONG KONG UNIT GFL INTERNATIONAL'S CAPITAL BY $500 MILLION Source text in Chinese: http://tinyurl.com/y3vpuxj5 Further company coverage: ...

  • Reuters

    China Stocks-Factors to watch on Thursday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +0.4 pct, CSI300 -0.2 pct, HSI -0.1 pct * HK- Shanghai Connect daily quota used 6.2 pct * HK- Shenzhen Connect daily quota used 3.9 pct, Shenzhen- HK daily ...

  • Reuters

    BRIEF-Ganfeng Lithium's Preliminary 2018 Net Profit Down 17.2 Percent Y/Y

    Feb 27 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS PRELIM 2018 NET PROFIT DOWN 17.2 PERCENT Y/Y AT 1.2 BILLION YUAN ($179.68 million) Source text in Chinese: https://bit.ly/2T25O0h Further company coverage: ...

  • Reuters

    BRIEF-Ganfeng Lithium 2018 Net Profit At 1.18-1.76 Bln Yuan Vs Net Profit Of 1.47 Bln Yuan Year Earlier

    Jan 29 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT SEES 2018 NET PROFIT AT 1.18-1.76 BILLION YUAN VERSUS NET PROFIT OF 1.47 BILLION YUAN ($218.40 million) YEAR EARLIER Source text in Chinese: https://bit.ly/2TfDO5r ...

  • Reuters

    Factbox: Battery makers race to secure Australian lithium supply

    Battery behemoths Ganfeng Lithium and Albemarle, and carmakers like Tesla have snapped up Australian lithium supply over the past year, with one miner this week saying that nearly all of the country's planned production has now been spoken for. Western Australia accounts for around half of global lithium production, which Macquarie expects will jump by 52 percent to 431,000 tonnes of lithium equivalent in 2019, rising to 500,000 tonnes by 2020. GREENBUSHES: The world's largest hard rock lithium mine is a joint venture between China's Tianqi Lithium and Albemarle.

  • Reuters

    China Stocks-Factors to watch on Wednesday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +0.4 pct, CSI300 +0.7 pct, HSI +1.3 pct * CNY official close 6.873 per dollar * FTSE China A50 +0.9 pct, BNY Mellon ADR China Select Index -0.4 pct SHANGHAI, Jan ...