Previous Close | 6.90 |
Open | 7.05 |
Bid | 7.06 x 109800 |
Ask | 7.07 x 792000 |
Day's Range | 6.92 - 7.07 |
52 Week Range | 6.75 - 16.12 |
Volume | |
Avg. Volume | 7,050,795 |
Market Cap | 5.354B |
Beta (5Y Monthly) | 0.77 |
PE Ratio (TTM) | 22.09 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.55 (7.78%) |
Ex-Dividend Date | Mar 12, 2024 |
1y Target Est | N/A |
Australian lithium producers may be set to track the nickel industry in project curtailments and delays this reporting season, analysts say, given slower than expected electric vehicle (EV) sales, but the jolt is expected to be less severe. Both sectors are contending with a sharp drop in raw materials prices because of the EV slowdown, but lithium is expected to snap back faster because its oversupply is seen as short term. "If you have a prolonged period of depressed pricing then there is the potential to see additional capacity curtailments and or delays, or deferrals of new projects and capacity," said analyst Reg Spencer of Canaccord in Sydney.
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