|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||3.350 - 3.400|
|52 Week Range||2.310 - 5.990|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||419.75|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ganfeng Lithium Co. sent a team to the town -- a 90-minute drive southwest of Dublin -- in 2013, shuttling between prospective lithium deposits dotted through the verdant countryside. It was part of their company’s first foray outside China amid a drive to boost production of key materials needed to make rechargeable batteries. With projects and partnerships now spanning South America to Australia, Ganfeng is aiming to use proceeds from a share sale in Hong Kong this week to continue a growth spree that’s forecast to make it the industry’s second-largest producer from this year.
Every investor in Orocobre Limited (ASX:ORE) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decreaseRead More...
Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting what fund managers say is a sign of growing scepticism of an imminent battery boom. The heavy shorting of the stocks puts investors at risk of a short squeeze if project timelines meet or beat expectations, or if near-term oversupply of battery chemicals proves to be more seasonal than structural, fund managers and analysts said. Short selling entails a bearish investor selling shares he or she does not own in the hope of profitably buying them back at a lower price in the future.
Orocobre Limited (ASX:ORE) delivered a less impressive 2.39% ROE over the past year, compared to the 11.52% return generated by its industry. ORE’s results could indicate a relatively inefficient operationRead More...
Forecasts for a glut in lithium, a major ingredient in rechargeable batteries for electric vehicles, fail to account for strong demand and how complicated it is to process and mine, industry executives and analysts said. Morgan Stanley sent lithium stocks tumbling on Monday after it forecast a surplus in the market in 2022 of 190,000 tonnes, resulting in predicted prices nearly halving to $7,699 a tonne. "I am firmly of the view that everyone, including Morgan Stanley, is grossly underestimating how quickly the market is moving on the demand side," Ken Brinsden, chief executive of Australian lithium miner Pilbara Minerals, said at a mining conference in Florida this week.
Catapult Group International and Orocobre are a few noticeable companies with a strong future outlook. The market’s optimistic sentiment towards these stocks indicates a level of confidence in the futureRead More...
In the global rush to supply the electric-car revolution, lithium hot spot Argentina is grappling with a shortage of talent.
Why invest in a stock whose growth outlook that lags behind the market? Investors looking for companies with extraordinary future prospects in terms of profitability and returns should look atRead More...
Orocobre Limited’s (ASX:ORE) most recent return on equity was a substandard 2.27% relative to its industry performance of 10.72% over the past year. An investor may attribute an inferior ROERead More...
High growth companies such as Department 13 International and Temple & Webster Group has a positive future outlook in terms of their returns, profitability and cash flows. The prospects ofRead More...