(AMEX:SLI)’s traded shares stood at 0.39 million during the last session, with the company’s beta value hitting 2.11. At the close of trading, the stock’s price was $4.39, to imply a decrease of -1.13% or -$0.05 in intraday trading. The SLI share’s 52-week high remains $12.92, putting it -194.31% down since that peak but still an impressive 13.44% since price per share fell to its 52-week low of $3.80. The company has a valuation of $947.58M, with an average of 0.96 million shares in intraday trading volume over the past 10 days and average of 1.20 million shares over the past 3 months.
(AMEX:SLI) trade information
After registering a -1.13% downside in the last session,(SLI) has traded red over the past five days. The stock hit a weekly high of 4.57 this Friday, 07/08/22, dropping -1.13% in its intraday price action. The 5-day price performance for the stock is 3.54%, and -25.47% over 30 days. With these gigs, the year-to-date price performance is -55.25%. Short interest in (AMEX:SLI) saw shorts transact 11.56 million shares and set a 6.75 days time to cover.
Analysts on Wall Street suggest a consensus price target of $14.33, implying an increase of 69.36% to the stock’s current value. The extremes give us $13.00 and $16.00 for target low and target high price respectively. As such, SLI has been trading -264.46% off suggested target high and -196.13% from its likely low.
(SLI) estimates and forecasts
Looking at statistics comparingshare performance against respective industry, we note that the company has outperformed competitors. (SLI) shares are -48.77% down over the last 6 months, with its year-to-date growth rate higher than industry average at 18.75% against 16.70%.
has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
(AMEX:SLI)’s Major holders
insiders hold 4.76% of total outstanding shares, with institutional holders owning 20.19% of the shares at 21.20% float percentage. In total, 20.19% institutions holds shares in the company, led by Koch Industries, Inc. As of Dec 30, 2021, the company held over 13.48 million shares (or 8.18% of shares), all amounting to roughly $132.24 million.
The next major institution holding the largest number of shares is Van Eck Associates Corporation with 6.52 million shares, or about 3.96% of shares outstanding. As of the market price on Mar 30, 2022, these shares were worth $57.37 million.
We also have VanEck ETF Trust-VanEck Rare Earth/ETF and Global X Fds-Global X Lithium & Battery Tech ETF as the top two Mutual Funds with the largest holdings of the (SLI) shares. Going by data provided on Dec 30, 2021, VanEck ETF Trust-VanEck Rare Earth/ ETF holds roughly 4.73 million shares. This is just over 2.87% of the total shares, with a market valuation of $46.38 million. Data from the same date shows that the other fund manager holds a little less at 2.91 million, or 1.76% of the shares, all valued at about 20.64 million.
Expert Says Lithium Co. ‘An Immediate Speculative Buy’
Source: Clive Maund 09/29/2022
Expert Clive Maund takes a look at the 6-month and 2-year charts for Spey Resources Corp., following the completion…
Innovate BC awards $2.3M to B.C. R&D projects
VANCOUVER – Yesterday at an awards ceremony in Vancouver, Innovate BC awarded $2,325,000 to eight B.C. research and development projects that are creating…
Atlantic Lithium to start production at Ghana mine in H2 2024
This mine is expected to generate around $5bn in revenue over its lifetime.
The post Atlantic Lithium to start production at Ghana mine in H2 2024 appeared…
We Need 10 New #REE Mines by 2030 to Meet Magnet Rare Earths Demand
Strong hands buy at bottoms and sell at tops
Why #Canada Needs an EV #Battery Strategy – NOW
“As Soon As Possible”: US Preparing To Wean Itself Off Russian Nuclear Fuel
Pure Hydrogen thrilled at long-awaited big reveal of monstrous Aussie hydrogen-powered ute
Strong hands buy at bottoms and sell at tops – Richard Mills
Patriot Battery Metals Inc. (TSX-V: PMET) (OTCQB: PMETF) Strong as Lithium Miner Comes off Exceptional Summer Drill Program at the Corvette Lithium Property
Lithium One Signs Deal to Acquire Canadian Lithium Project
Lithium Partnerships Aplenty as Car Manufacturers Race Towards EV Transition
ESG and Geopolitics top the list of creepy crawlies making mining execs go bump in the night
Precious Metals24 hours ago
When and Where Will Gold Bottom?
Economics13 hours ago
Commodities Are Practically Bulletproof Investments Going Forward
Economics13 hours ago
There’s Blood In the Streets! Here’s Why & What To Do About It
Precious Metals13 hours ago
$1,278 Gold Is Now Our Official Target – Until Proven Otherwise.
Precious Metals11 hours ago
Why Bonds Are Behaving Like Risky Assets
Precious Metals15 hours ago
Collapse In Money Supply Is Still A Major Risk For The Market
Companies17 hours ago
Lundin Mining Reports Contractor Fatality at Neves-Corvo Mine
Economics8 hours ago
This Quarter Was Different: The Big Reversal