Aside from fears about how high can Standard Lithium shares go, there seemed to be no plausible explanation to the lithium stock's sudden Monday drop, especially on a day when two large global automakers made big bets on electric vehicles. As more EVs hit the roads, demand for lithium-ion batteries should rise as well.
What is the best lithium stock to invest in?
Oct 18, 2021 · Aside from fears about how high can Standard Lithium shares go, there seemed to be no plausible explanation to the lithium stock's sudden Monday drop, especially on a day when two large global...
What is the current price of lithium?
Aug 17, 2021 · It is the stock's fourth straight decline since approaching a 52-week high early last week. But it doesn't appear to be Standard Lithium's fault that its stock is …
What is the best lithium stock?
Oct 18, 2021 · Aside from fears about how high can Standard Lithium shares go, there seemed to be no plausible explanation to the lithium stock's sudden Monday drop, especially on a day when two large global...
Should I buy this lithium penny stock?
Oct 18, 2021 · Lithium stock Standard Lithium (NYSEMKT: SLI) tanked Monday afternoon, dropping as much as 11.6% by 2:30 p.m. EDT. There's one price point you'd want to note to understand why the lithium stock ...
Why is lithium stock falling?
The company didn't generate sales in 2021. Higher inflation, rising interest rates and geopolitical tensions between Russian and Ukraine have sapped investors' willingness to hold more speculative stocks. That explains the recent price action, but the stock is down while commodity pricing is up.Feb 15, 2022
Will standard lithium recover?
Standard Lithium expected LiSTR technology to increase lithium recovery efficiencies to more than 90%. During the class period, defendants reaffirmed a 90% recovery rate, and failed to disclose that it had overstated the LiSTR technology's extraction recovery efficiencies.Feb 1, 2022
Is lithium a good stock 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.Mar 12, 2022
Should I sell my standard lithium stock?
Standard Lithium Ltd holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Where does Tesla get its lithium?
Until the great idea comes to finalization, Tesla is sourcing its lithium from China's Ganfeng Lithium Co Ltd. Ganfeng is the world's top lithium company when it comes to market capitalization. Starting from 2022, the company will provide lithium batteries to Tesla for three years.Nov 15, 2021
Who owns standard lithium?
Anthony Alvaro. Mr. Alvaro is a co-founder of Standard Lithium, has over two decades working primarily in the international capital markets. The breadth of his capital markets experience includes roles within wealth management, corporate finance, institutional sales, M&A, venture capital and private equity.Feb 24, 2022
What is the best lithium stock to buy ASX?
The Best Lithium Stocks on the ASX in 2022Mineral Resources (ASX:MIN)Core Lithium (ASX:CXO)Pilbara Minerals (ASX:PLS)Piedmont Lithium (ASX:PLL)Bonus Stock: Magnis Energy Technologies (ASX:MNS)
What is the best lithium stock?
Here is the list of the top 15 (mostly pure-play) lithium stocks.Albemarle Corp (ALB) ... Sociedad Química y Minera de Chile (SQM) ... Livent Corporation (LTHM) ... Ganfeng Lithium (GNENF) ... Tianqi Lithium (SHE: 002466) ... Allkem Ltd (OROCF) ... Piedmont Lithium Limited (PLL) ... Lithium Americas Corporation (LAC)More items...•Mar 30, 2022
What's the best lithium stock to buy?
Top Lithium Stocks To Buy [Or Sell] This WeekLithium Americas Corporation (NYSE: LAC)Piedmont Lithium (NASDAQ: PLL)Albemarle Corporation (NYSE: ALB)Sociedad Quimica y Minera (NYSE: SQM)Jan 24, 2022
Is standard lithium publicly traded?
Standard Lithium is listed on the TSX Venture Exchange under the trading symbol "SLI"; quoted on NYSE American under the symbol "SLI"; and on the Frankfurt Stock Exchange under the symbol "S5L".
What is the price target of Lac?
The 15 analysts offering 12-month price forecasts for Lithium Americas Corp have a median target of 39.50, with a high estimate of 44.00 and a low estimate of 23.75. The median estimate represents a +27.87% increase from the last price of 30.89.
Is SLI overvalued?
Standard Lithium Ltd. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of SLI, demonstrate its potential to underperform the market.
Bank of America isn't particularly bullish on lithium prices
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.
What happened
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.
So 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.
Now what
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.
What happened
Lithium stock Standard Lithium (NYSEMKT: SLI) tanked Monday afternoon, dropping as much as 11.6% by 2:30 p.m. EDT. There's one price point you'd want to note to understand why the lithium stock plunged: 14 Canadian dollars.
So what
Mid-last week, investment banking company Canaccord gave Standard Lithium stock a price target of CA$14 per share, up significantly from its previous price target of CA$9.25 a share, based on the company's preliminary assessment study for a lithium project released the previous day.
Now what
Investors who've bet on Standard Lithium shares so far have purely bet on its prospects as the company is still in the process of starting its first brine-to-lithium plant and is far from production yet. That makes the stock a risky bet, which means investors need to be able to stomach the volatility that comes with such stocks.
Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss
Standard Lithium Ltd finds support from accumulated volume at $6.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Standard Lithium Ltd stock A Buy?
Standard Lithium Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Standard Lithium (ASI-Q)
A Canadian company that just listed on Wall Street. Highly speculative. It's up 43% YTD. Using technology, SL pulls litium from a saltwater brine stream in real time; it's building the first such factory in Arkansas.
Standard Lithium (ASI-Q) Rating
Stockchase rating for Standard Lithium is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Standard Lithium (ASI-Q) Frequently Asked Questions
Standard Lithium is a OTC stock, trading under the symbol ASI-Q on the (). It is usually referred to as or ASI-Q
What happened
Standard Lithium (NYSEMKT: SLI) continued its rocky ride, crashing on Monday after a choppy last week. As of 2:30 p.m. ET Nov. 22, Standard Lithium stock was trading down 10% as the spat between the company and a short-seller got even uglier.
So what
On Nov. 18, Blue Orca announced it was short Standard Lithium stock and went on to release a short-seller report containing some nerve-wracking points against the company.
Now what
There's some merit in Blue Orca's arguments, especially the last point, as I also recently pointed out. Hitting proof-of-concept would pave the way for Standard Lithium to raise funds from Lanxess to construct its first commercial plant.
Standard Lithium Corp Stock Forecast
Over the next 52 weeks, Standard Lithium Corp has on average historically risen by 99.5 % based on the past 4 years of stock performance.
Will Standard Lithium Corp Stock Go Up Next Year?
Over the next 52 weeks, Standard Lithium Corp has on average historically risen by 99.5% based on the past 4 years of stock performance.
Standard Lithium Corp Stock Price History
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and SLI is experiencing buying pressure, which is a positive indicator for future bullish movement.
Stock Predictions
Is Standard Lithium Corp stock public? Yes, Standard Lithium Corp is a publicly traded company.