Will SLI ever be valued at $35 per share?
If Lithium America's can have market cap of $5B even before they start selling lithium, I don't see any reason why SLI can not be valued at same level in not so distant future. That $5B valuation converts go $35 share price.
Why did standard Lithium stock crash Thursday?
Standard Lithium (NYSEMKT: SLI) stock crashed this morning, plummeting 15.4% as of 10:58 a.m. ET Thursday thanks to a scathing short-seller attack. Standard Lithium doesn't mine lithium but uses a technology called LiSTR to directly extract lithium from brine.
Can lithium stocks deliver on the long-term hype?
The bank said both stocks are benefiting from "significant hype" regarding long-term demand for lithium metal, but according to the analyst, they may not be able to deliver on that hype.
Why is standard Lithium stock flying?
Why Is Standard Lithium Stock Flying? Standard Lithium Ltd. engages in the testing and proving of the commercial viability of lithium extraction. Its projects include Arkansas Lithium, Lithium Brine Processing, and California Lithium. The company was founded on August 14, 1998 and is headquartered in Vancouver, Canada.
Why is SLI stock dropping?
Standard Lithium (NYSE:SLI) dropped 27% after Hindenburg Research released a new short report. Hindenburg alleges that Standard Lithium is a stock promotion and that its CEO has been involved with public companies whose shares have fallen ~97%. Hindenburg is not the first short seller to target Standard Lithium.
Will SLI stock go up?
Based on our forecasts, a long-term increase is expected, the "SLI" stock price prognosis for 2027-06-04 is 27.555 USD. With a 5-year investment, the revenue is expected to be around +380.9%. Your current $100 investment may be up to $480.9 in 2027. Get It Now!
Why is standard lithium stock down?
Feb 3 (Reuters) - Short seller Hindenburg Research alleged on Thursday that Standard Lithium Inc's plan to produce lithium for electric vehicle batteries in Arkansas is based on technology that does not work, sending Standard's shares down 27% and erasing $305.7 million from the company's market value.
Is SLI stock a buy?
Today SLI ranks #14790 as sell candidate. Get $10 when you deposit $100* in your eToro account.
Is SLI overvalued?
As for valuations, with a price to book ratio of 18.57x, SLI looks overvalued with respect to REMX, at an average price/book ratio of just 8.55.
What is the best lithium stock?
The Best Lithium Stocks of June 2022Albemarle (ALB) Albemarle is a specialty chemicals company and a leading producer of lithium, bromine and refining catalysts. ... Sociedad Química y Minera de Chile (SQM) ... Lithium Americas Corporation (LAC) ... Piedmont Lithium Limited (PLL) ... Livent Corporation (LTHM) ... Ganfeng Lithium (GNENF)
Will standard lithium recover?
Lower-than-reported recovery rate: Standard Lithium claimed it achieved 90% lithium recovery rate at its demonstration plant built on Germany-based partner Lanxess' bromine facility in south Arkansas.
What is going on with standard lithium?
The U.S.-listed shares of Canadian company Standard Lithium Ltd. slid 22% Thursday, after short seller Hindenburg Research published a report alleging the company's technology does not work and that's it's seeking to profit from the hype around lithium batteries for electric vehicles.
Is lithium a good investment?
When it comes to batteries, lithium is currently the best material available on the market. However, that's not going to last forever. While it might be worth investing in now, new kinds of batteries are already being developed, which will be a better option in the future.
Is standard lithium a good company?
Standard Lithium Ltd has a Momentum Score of 97, which is Very Strong.
Will Lac go up?
Lithium Americas Corp (NYSE:LAC) The 13 analysts offering 12-month price forecasts for Lithium Americas Corp have a median target of 39.00, with a high estimate of 44.00 and a low estimate of 23.75. The median estimate represents a +72.19% increase from the last price of 22.65.
Does standard lithium pay dividends?
SLI does not currently pay a dividend.
Is aehr a good buy?
Aehr Test Systems has received a consensus rating of Buy.
How high does Lithium go?
Standard Lithium Corp Stock Forecast up to $12.44 - SLI Price Prediction.
Will Lac go up?
Lithium Americas Corp (NYSE:LAC) The 13 analysts offering 12-month price forecasts for Lithium Americas Corp have a median target of 39.00, with a high estimate of 44.00 and a low estimate of 23.75. The median estimate represents a +72.19% increase from the last price of 22.65.
Is standard lithium a good company?
Standard Lithium Ltd has a Momentum Score of 97, which is Very Strong.
Is Standard Lithium a buy right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Standard Lithium in the last twelve months. There are currently 1...
What price target have analysts set for SLI?
1 Wall Street analysts have issued 1 year target prices for Standard Lithium's stock. Their forecasts range from $4.30 to $4.30. On average, they a...
Who are Standard Lithium's key executives?
Standard Lithium's management team includes the following people: Mr. Robert Mintak , CEO & Director (Age 59, Pay $349.23k) Dr. J. Andrew Robins...
Who are some of Standard Lithium's key competitors?
Some companies that are related to Standard Lithium include KAZ Minerals (KAZ) , Pretium Resources (PVG) , Champion Iron (CIA) , Parex Resource...
What is Standard Lithium's stock symbol?
Standard Lithium trades on the OTCMKTS under the ticker symbol "SLI."
How do I buy shares of Standard Lithium?
Shares of SLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull...
What is Standard Lithium's stock price today?
One share of SLI stock can currently be purchased for approximately $6.30.
How much money does Standard Lithium make?
Standard Lithium has a market capitalization of $1.04 billion.
How many employees does Standard Lithium have?
Standard Lithium employs 2,021 workers across the globe.
REPEAT - Standard Lithium Comments on Short Seller Report
Standard Lithium Comments on Short Seller Report
VANCOUVER, British Columbia, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), is issuing the following statement in response to the false and misleading report (the “report”) from Hindenburg Research.
SLI Stock: 8 Things to Know About the Hindenburg Report Slamming Standard Lithium
VANCOUVER, British Columbia, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), is issuing the following statement in response to the false and misleading report (the “report”) from Hindenburg Research.
Recently Viewed Tickers
Today, Standard Lithium (NYSEMKT:SLI) is receiving increased attention, although not the good kind. Shares of SLI stock are down over 17% after Hindenburg Research released a short report on the company. Standard Lithium is a Canadian-based lithium tester and extractor.
Standard Lithium Ltd
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1.0 Analyst's Opinion
Standard Lithium Ltd. engages in the testing and proving of the commercial viability of lithium extraction. Its projects include Arkansas Lithium, Lithium Brine Processing, and California Lithium. The company was founded on August 14, 1998 and is headquartered in Vancouver, Canada.
Is Standard Lithium a buy right now?
Standard Lithium has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
How has Standard Lithium's stock been impacted by COVID-19?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Lithium in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Standard Lithium stock.
How were Standard Lithium's earnings last quarter?
Standard Lithium's stock was trading at $0.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLI shares have increased by 1,178.0% and is now trading at $6.39. View which stocks have been most impacted by COVID-19.
What price target have analysts set for SLI?
Standard Lithium Ltd. (OTCMKTS:SLI) issued its quarterly earnings data on Friday, February, 11th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.03. View Standard Lithium's earnings history.
Who are some of Standard Lithium's key competitors?
1 Wall Street analysts have issued twelve-month target prices for Standard Lithium's shares. Their forecasts range from $4.30 to $4.30. On average, they expect Standard Lithium's stock price to reach $4.30 in the next year.
How do I buy shares of Standard Lithium?
Some companies that are related to Standard Lithium include KAZ Minerals (KAZ), Pretium Resources (PVG), Parex Resources (PXT), Champion Iron (CIA), Coro Mining (COP), Interfor (IFP), Lundin Gold (LUG), Superior Plus (SPB), Arizona Mining (AZ), K92 Mining Inc.
Bank of America isn't particularly bullish on lithium prices
Shares of SLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
Shares of Canada-based U.S. lithium mining company Standard Lithium ( NYSEMKT:SLI) crashed on Tuesday and were down 11% as of 10:05 a.m. EDT. It is the stock's fourth straight decline since approaching a 52-week high early last week.
Now what
In a report released Monday, Bank of America (NYSE: BAC) reiterated underperform ratings on two of the biggest names in lithium metal, Albemarle and Livent. The bank said both stocks are benefiting from "significant hype" regarding long-term demand for lithium metal, but according to the analyst, they may not be able to deliver on that hype.
What happened
What's worse, Bank of America says, is that while continued demand growth for lithium gets called into question, miners like Albemarle and Livent (and perhaps soon Standard Lithium as well) are investing heavily to increase lithium supply.
So what
Standard Lithium (NYSEMKT: SLI) stock crashed this morning, plummeting 15.4% as of 10:58 a.m. ET Thursday thanks to a scathing short-seller attack.
Now what
Standard Lithium doesn't mine lithium but uses a technology called LiSTR to directly extract lithium from brine. It has a couple of agreements to explore and extract lithium from brine, including one with Germany-based specialty chemicals company Lanxess. Standard Lithium is developing a 150,000-acre flagship project in south Arkansas with Lanxess.
What happened
While you should take short-seller reports with a grain of salt, I have called Standard Lithium a speculative stock multiple times in recent weeks, especially after its rally, because the company has yet to prove the viability of its brine-to-lithium technology.
So what
Standard Lithium (NYSEMKT: SLI) stock crashed this morning, plummeting 15.4% as of 10:58 a.m. ET Thursday thanks to a scathing short-seller attack.
Now what
Standard Lithium doesn't mine lithium but uses a technology called LiSTR to directly extract lithium from brine. It has a couple of agreements to explore and extract lithium from brine, including one with Germany-based specialty chemicals company Lanxess. Standard Lithium is developing a 150,000-acre flagship project in south Arkansas with Lanxess.
The Motley Fool
While you should take short-seller reports with a grain of salt, I have called Standard Lithium a speculative stock multiple times in recent weeks, especially after its rally, because the company has yet to prove the viability of its brine-to-lithium technology.
