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Standard Lithium Ltd. (SLI): Odds are Looking Good after Recent Activity – Stock Up 9%

At the end of the latest market close, Standard Lithium Ltd. (SLI) was valued at $9.87. In that particular session, Stock kicked-off at the price of $9.25…

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This article was originally published by Invest Chronicle

At the end of the latest market close, Standard Lithium Ltd. (SLI) was valued at $9.87. In that particular session, Stock kicked-off at the price of $9.25 while reaching the peak value of $9.50 and lowest value recorded on the day was $6.75. The stock current value is $8.01.Recently in News on November 18, 2021, Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Standard Lithium Ltd. (SLI) on Behalf of Investors. Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (NYSE: SLI) investors concerning the Company’s possible violations of the federal securities laws. You can read further details here

Standard Lithium Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $12.92 on 10/27/21, with the lowest value was $2.24 for the same time period, recorded on 01/04/21.

Standard Lithium Ltd. (SLI) full year performance was 264.09%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Standard Lithium Ltd. shares are logging -38.00% during the 52-week period from high price, and 345.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.80 and $12.92.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 18767087 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Standard Lithium Ltd. (SLI) recorded performance in the market was 258.39%, having the revenues showcasing 25.75% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.52B.

Standard Lithium Ltd. (SLI) in the eye of market guru’s

During the last month, 3 analysts gave the Standard Lithium Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.69, with a change in the price was noted +3.83. In a similar fashion, Standard Lithium Ltd. posted a movement of +91.69% for the period of last 100 days, recording 2,079,134 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SLI is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

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Standard Lithium Ltd. (SLI): Stocks Technical analysis and Trends

Raw Stochastic average of Standard Lithium Ltd. in the period of last 50 days is set at 26.83%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 20.42%. In the last 20 days, the company’s Stochastic %K was 13.65% and its Stochastic %D was recorded 16.90%.

If we look into the earlier routines of Standard Lithium Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 258.39%. Additionally, trading for the stock in the period of the last six months notably improved by 146.46%, alongside a boost of 264.09% for the period of the last 12 months. The shares increased approximately by -24.08% in the 7-day charts and went up by -26.04% in the period of the last 30 days. Common stock shares were driven by 25.75% during last recorded quarter.

Author: Nick Little

Energy & Critical Metals

3 Rare Earth Stocks on Watch as Talk of a Chinese Mega-Merger Grows

At a time when both the global supply chain crisis and U.S.-China relations hang hotly in the balance, China has announced an important decision that threatens…

At a time when both the global supply chain crisis and U.S.-China relations hang hotly in the balance, China has announced an important decision that threatens to affect both matters significantly. Today, the Wall Street Journal reports that China is planning to create a new rare earth mining company that will be owned by the state. While there’s no question that the forming of such a company will directly affect rare earth stocks, so far the reactions from the sector have been mixed.

Source: LuYago / Shutterstock.com

What’s Happening With Rare Earth Stocks

The rare earth sector has been an interesting one to follow this year, particularly as the electric vehicle (EV) boom has highlighted a new market for its companies. The news out of China today hasn’t done much to affect Nevada-based MP Materials (NYSE:MP), a company that has seen more than its fair share of turbulence this past year but has remained overall in the green for most of it. As of this writing, MP stock is up 2.16% for the day, although it has declined slightly from the peak it saw this morning. While it’s down more than 6% for the week, the stock is in the green for the month by more than 2%.

In a state not too far away, though, things aren’t looking so rosy. Texas Mineral Resources Corp (OTCMKTS: TMRC) has seen its shares fall by more than 4% today, demonstrating a fairly turbulent pattern. Despite being up by more than 12% for the week, TMC is down for the month by almost 19%.

Many miles away in Australia, a similar company is experience similar patterns. Lynas Rare Earths (OTCMKTS:LYSCF) is down by more than 2% for the day with losses for the week just shy of that figure. For the month, though, the small stock has seen shares rise by more than 18%.

Why It Matters

China’s new firm, titled China Rare Earth Group, will be based in the country’s southern province of Jiangxi, an area rich in resources. It will be built through the merging of assets of several prominent state-owned mining firms. According to WSJ, part of the mindset behind this massive industry consolidation is the goal of gaining the clout necessary to “undercut Western efforts to dominate critical technologies.”

For a company like MP Materials, there will very likely be negative implications if the firm is indeed constructed. The company has emphasized that its goals involve helping restore the rare earth supply chain and helping reduce the sector’s heavy dependence on China. The international economic superpower that MP has focused on challenging is about to get considerably stronger and more powerful. That’s bad news for MP and most other rare earth stocks.

While some reports have framed it as a company well-positioned to accomplish an important task, the picture painted for investors hasn’t always been so positive. In October 2021, a report from Grizzly Research staked the claim that the company had issued unattainable projections. While the stock was down during that month, it’s been rising fairly steadily since. Earlier this year, InvestorPlace’s Joseph Nograles touted the upside potential he saw in MP stock as a key component of the emerging EV market.

What It Means

As TRMC and LYSCF trade at much lower levels than MP, it’s hard to gauge just how much they stand to be affected. What is clear, though, is that China is clearly furthering its quest to dominate the section of the global supply chain that concerns strategic metals. The construction of a state-owned giant to help the country gain further control of highly valuable rare earth materials certainly won’t do any favors for the U.S.

This story is certainly worth watching as it unfolds, but this is likely not the time for a bullish play on rare earth stocks.

On the date of publication, Samuel O’Brient did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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Author: Samuel O'Brient

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Energy & Critical Metals

Dear NIO Stock Fans, Mark Your Calendars for This Potential Catalyst on Dec. 18

Fans of electric vehicle (EV) stocks are anxiously awaiting Nio Day, which has been confirmed to take place on Dec. 18 in Suzhou, China. Nio (NYSE:NIO)…

Fans of electric vehicle (EV) stocks are anxiously awaiting Nio Day, which has been confirmed to take place on Dec. 18 in Suzhou, China. Nio (NYSE:NIO) is expected to debut at least two new vehicle models and possibly a brand new vehicle brand. During Nio Day 2020, the EV maker unveiled the ET7 sedan to much fanfare. Deliveries for the ET7 sedan are expected to start in 2022 for most countries, although confirmation for this timetable will likely be answered at Nio Day.

Image showing a Nio store with a glowing logo on the front.Source: Andy Feng/Shutterstock.com

Nio also impressed shareholders after releasing its November delivery numbers. The company reported that it had delivered 10,878 vehicles, up nearly 106% year-over-year (YOY). This brings total year deliveries to 80,940 vehicles, up more than 120% YOY. The November numbers were much needed after Nio reported disappointing October deliveries. Those numbers came in lower due to supply-chain issues and chip shortages. InvestorPlace contributor Vandita Jadeja notes that Nio’s expected fourth-quarter deliveries of 23,500 to 25,500 vehicles will be difficult to accomplish.

Without further ado, let’s dive right in to what investors should know about Nio’s most exciting day of the year.

Nio Day: What NIO Stock Investors Should Know

  • Rumors are flying around that one of the new vehicles to be released during Nio Day is the ET5, a mid-sized sedan. The ET5 will reportedly compete with the BMW (OTCMKTS:BMWYY) 3-series and the Audi A4 at a lower price (Audi is owned by Volkswagen (OTCMKTS:VWAGY)).
  • The ET5 will likely be priced below the ET7, which has a base cost of around $69,000.
  • According to a research note from Deutsche Bank, the second mystery EV is expected to be similar to the Toyota (NYSE:TM) Alphard, a luxury multi-purpose vehicle (MPV) that “sold 20,000 units in China last year.” Deutsche’s second guess is a high-performance sports coupe.
  • Nio recently filed a trademark registration for the name EF9, according to ElectricVehicleWeb. This has led many to speculate that the new vehicle will be a convertible version of the EP9.
  • CEO William Li confirmed that Nio plans on adding three new models to the Nio Technology Platform 2.0 in 2022. One of the models will be the new ET7 sedan. The other two are still unknown.
  • Fans of NIO stock are also waiting for an update on overseas delivery times and availability, especially in European countries. The company will likely answer this question at Nio Day.
  • Li confirmed during a Q2 conference call that Nio had assembled a team to work on a new vehicle brand. In regards to the possible new vehicle brand, Li commented, “The relationship between Nio and our new mass-market brand will be like that of Audi-Volkswagen and Lexus-Toyota.”
  • On the date of publication, Eddie Pan did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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    Author: Eddie Pan

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    Energy & Critical Metals

    Nubank IPO: When Does Nubank Go Public? What Is the NU Stock IPO Price Range?

    “Finally, you’re in control of your money,” promises Nubank. The Brazilian-based company is the largest fintech institution in Latin America, but…

    “Finally, you’re in control of your money,” promises Nubank. The Brazilian-based company is the largest fintech institution in Latin America, but its reach expands as far as Berlin, Germany. Operating completely digitally with no physical headquarters, the neobank has a list of investors that includes Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A) investment fund, which took a $500 million position earlier this year. Now, as this year winds to a close, Wall Street is bracing for the Nubank IPO (initial public offering). Indeed, this could be the last in a long line of exciting debuts that investors have seen this year.

    A Nubank sign outside of an office building.Source: Jo Galvao / Shutterstock.com

    What to Know About the NuBank IPO

    There’s plenty that investors should be keeping in mind as markets prepare for the Nubank IPO. Let’s discuss the specifics.

    As of tomorrow, Nubank will begin trading on the New York Stock Exchange under the symbol NU. However, it doesn’t stop there. Additionally, Nubank will be trading on Brazil’s San Paolo Exchange. In late November, the company updated the price range to between $8 and $9 per share. Assuming that the price stays at $9, the IPO will raise roughly $2,859,497,856. It’s worth nothing, though, that this price range is a downgrade from where it previously stood, between $10 and $11.

    InvestorPlace’s William White recently reported that the company claims to have a commitment from “certain investors to purchase an aggregate amount of at least $1.3 billion of Class A shares in the IPO.” While the term “certain investors” carries ominous undertones, it may just be an unconventional choice of wording. The offering will also include a 30-day option from underwriters that will allow for the  purchase an additional 28,571,429 shares set at the IPO price point. As of now, the company is valued at slightly over $40 billion, also a downgrade from its original valuation of $55 billion.

    Founded in 2013, Nubank was built by three entrepreneurs, David Velez of Colombia, Edward Wible of the United States and Cristina Junqueira of Brazil.

    What Can We Expect?

    As of Sept. 30, the neobank reported an active user count that totaled 48 million. As the company operates primarily in Latin America, where many lean toward an unbanked lifestyle, that statistic is impressive.

    That said, the aforementioned decrease in Nubank’s valuation certainly raised some questions — and not without reason. While some have made arguments that it is indicative of a diminishing market or troubling sector, the fact that Warren Buffett maintains his position in the company shouldn’t be discounted.

    It’s also worth noting that this season has brought some highly impressive IPOs, such as electric vehicle (EV) producer Rivian (NASDAQ:RIVN), which rocked Wall Street in the best way possible in its debut. By comparison, most of the IPOs that followed haven’t looked so good. But that certainly doesn’t mean they don’t have the potential to take off.

    The Nubank IPO is happening a time when markets are still reeling in reaction to the omicron variant. Plus, there still may be darker days ahead. However, if that proves to be the case, completely digital banking institutions like Nubank could certainly stand to benefit. Even at the current lowered valuation, its IPO is worth watching.

    On the date of publication, Samuel O’Brient did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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    Author: Samuel O'Brient

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