Previous Close | 222.44 |
Open | 223.23 |
Bid | 219.36 x 1100 |
Ask | 221.54 x 1100 |
Day's Range | 219.22 - 224.57 |
52 Week Range | 185.15 - 334.55 |
Volume | |
Avg. Volume | 1,684,795 |
Market Cap | 25.928B |
Beta (5Y Monthly) | 1.58 |
PE Ratio (TTM) | 9.68 |
EPS (TTM) | 22.84 |
Earnings Date | May 02, 2023 - May 08, 2023 |
Forward Dividend & Yield | 1.60 (0.72%) |
Ex-Dividend Date | Mar 16, 2023 |
1y Target Est | 314.67 |
Albemarle (ALB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
(Bloomberg) -- Albemarle Corp., the world’s top lithium producer, has had its A$5.5 billion ($3.7 billion) cash offer for Liontown Resources Ltd rejected by the Australian developer, sending shares in the target up almost 70% and fueling expectations of wider consolidation.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBanks in France Face More Than $1.1 Billion Fines After RaidsMarkets Are Wrong on US Rate-Cut Bets, Black
Liontown Resources said on Tuesday it had rejected a non-binding indicative proposal from top lithium producer Albemarle Corp, which valued the Australia-based battery metals explorer at A$5.50 billion ($3.66 billion). Albemarle's A$2.50 per share offer represents a 63.9% premium to ASX-listed Liontown's last close. Liontown currently controls two major lithium deposits in Western Australia, including its flagship Kathleen Valley project.