|Bid||0.3500 x 0|
|Ask||0.3550 x 0|
|Day's Range||0.3350 - 0.3550|
|52 Week Range||0.2700 - 1.4700|
|Beta (3Y Monthly)||2.27|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.87|
QUEBEC CITY, March 12, 2019 -- Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX: NMX) (OTCQX: NMKEF) (FRANCFORT: N0T) is pleased to announce the appointment.
Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) is pleased to announce that it has started the qualification of its high purity lithium hydroxide monohydrate products with more than 20 customers globally. The Corporation began shipping samples within 60 days of installing drying and bagging equipment at its Shawinigan Phase 1 demonstration plant. This first delivery, completed in less time than expected, confirms our ability to produce superior quality battery grade lithium hydroxide from our Shawinigan Phase 1 plant facility.
POINT ROBERTS, Wash. and DELTA, British Columbia, Feb. 27, 2019 -- Investorideas.com, a leading investor news resource covering AI and lithium stocks issues the first article.
QUÉBEC CITY, Québec, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) today announced that, further to its update of February 13, 2019 on the evolution of the Whabouchi project, its Board of Directors has appointed a Special Committee to review all strategic alternatives for the Corporation. The Special Committee is comprised of independent members of the Corporation’s Board of Directors, being François Biron, Vanessa Laplante and Paul-Henri Couture, the latter acting as Chairman of the Special Committee. In connection with this review process, Clarksons Platou Securities AS has been engaged as financial advisor to the Corporation and the Board, National Bank Financial and PricewaterhouseCoopers have been engaged as financial advisors to the Special Committee and the Board and McCarthy Tétrault LLP has been engaged as legal advisor to the Special Committee and the Board.
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,074.30, up 6.39 points).Aurora Cannabis Inc. (TSX:ACB). Health care. Down 32 cents, or 3.14 per cent, to $9.88 on 16.7 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 1.87 per cent, to $2.63 on 11.7 million shares.Encana Corp. (TSX:ECA). Energy. Down 13 cents, or 1.42 per cent, to $9.05 on 7.2 million shares.Nemaska Lithium Inc. (TSX:NMX). Energy. Down 1.5 cents, or 3.7 per cent, to 39 cents on 6.2 million shares.Turquoise Hill Resources Ltd. (TSX:TRQ). Energy. Down 38 cents, or 13.67 per cent, to $2.40 on 6 million shares.Barrick Gold Corp. (TSX:ABX). Materials. Down 16 cents, or 0.96 per cent, to $16.43 on 5.2 million shares.Companies reporting:National Bank of Canada. (TSX:NA). Down 40 cents to $62.13. National Bank reported relatively flat first-quarter profits, missing estimates as broader business growth was tempered by a slowdown in its financial markets segment. The Montreal-based lender reported net income for the three-month period ended Jan. 31 of $552 million, up $2 million from a year earlier. Its results in the latest quarter were driven by growth in most of its businesses, its financial markets segment was weighed down by market volatility late last year.Air Canada (TSX:AC). Up 35 cents to $34.27. Air Canada said it has suspended service to India due the closure of Pakistani airspace as tensions mount between the two nuclear powers. A flight en route to Delhi Tuesday night turned back over the Atlantic Ocean and returned to Toronto Wednesday, the airline said. A second Air Canada flight from Vancouver to Delhi slated for takeoff Tuesday night was also cancelled, said spokeswoman Isabelle Arthur.Cogeco Communications Inc. (TSX:CCA). Up $6.71 or 8.9 per cent to $81.76. Barely six years after it gambled half a billion dollars on cloud services, Cogeco Communications Inc. has signed a deal to hand over struggling Cogeco Peer 1 Inc. to L.A. investment firm Digital Colony for $720 million. The Montreal-based cable and internet company said it plans to use the proceeds to repay debt and repurchase shares, which hit a 52-week high and were up were up $6.06 or 8.1 per cent at $81.11 in early afternoon trading on the Toronto Stock Exchange.Laurentian Bank (TSX:LB). Down $4.52 or 9.8 per cent to $41.54. Laurentian Bank announced it will cut roughly 10 per cent of its workforce over the next 12 months as the Montreal-based lender reported a steep drop in financial first quarter profits. The bank said Wednesday it is "streamlining certain back-office functions," largely related to supporting its retail services operations and expects to cut roughly 350 employees through attrition, early retirement and targeted job reductions over the next 12 months.Torstar Corp. (TSX:TS.B). Up six cents or 6.7 per cent to 95 cents. The publisher of the Toronto Star newspaper reported a loss attributable to shareholders of $3.1 million in its latest quarter compared with a profit a year earlier as its revenue fell. That compared with a profit attributable to shareholders of $8.7 million a year earlier. Operating revenue totalled $144.9 million, down from $169.3 million.The Canadian Press
Could a contrarian buy on troubled Nemaska Lithium Inc (TSX:NMX) produce massive capital gains this year?
Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) and Nemaska Lithium Inc. (TSX:NMX) have suffered as lithium prices have tanked in late 2018 and early 2019.
Investors who piled into electric-car metals can’t seem to catch a break. Cobalt prices have fallen more than 30% in 2019 to their lowest level in two years, according to figures from commodity-price provider Fastmarkets through Feb. 6. The descent in both markets is a reversal from 2017, when investors sent prices soaring as they anticipated a wave of demand would lead to supply shortages.
Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) announces that is has terminated its multi-year supply agreement (the “Supply Agreement”) with Livent Corporation (previously FMC Corporation – hereinafter “Livent”). The Supply Agreement pertains to the provision of up to 8,000 tonnes per year (28,000 tonnes in total during the term of the contract) of lithium carbonate starting April 1, 2019.
These three downgraded stocks, including Canadian Tire Corporation Limited (TSX:CTC.A), might be too risky for you to handle.
QUÉBEC CITY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) will host a conference call today at 10:30 am EST. Nemaska Lithium Inc. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide and lithium carbonate. With its products and processes, the Corporation intends to facilitate access to green energy, for the benefit of humanity.
QUÉBEC CITY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) today provides an update on the evolution of the Whabouchi project (mine and electrochemical plant). The Corporation reports that construction and purchasing of equipment at both the Whabouchi mine and the Shawinigan electrochemical plant are progressing on schedule. The revised overall project cost reflects a more precise outlook on installation costs and other key variables to the completion of our project,” said Guy Bourassa, President and CEO of Nemaska Lithium.
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Investorideas.com, a leading investor news resource covering AI and lithium stocks issues a snapshot looking at lithium companies preparing to meet future demands in the market and how technology innovation may play a lead role. Looking at how this all plays out, Albemarle Corporation (NYSE:ALB) and Chile state development agency Corfo recently reached a deal to resolve a contract dispute centered around an amendment to the contract that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount to companies seeking to produce battery metals within Chile. Albemarle operates in Chile's Salar de Atacama, a salt flat in the country´s northern desert that supplies nearly 40 percent of the world´s lithium.
Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) announces that construction work at the Whabouchi mine will resume on February 5, 2019. Nemaska Lithium has located an alternate cafeteria facility which is approximately 1 km from the existing lodging facility that will be opened to accommodate Nemaksa Lithium’s employees until mid-March, when the Whabouchi mine site workcamp currently under construction will be opened. Thanks to their responsiveness, we will be able to quickly get back to constructing the mine with minimal to no delays,” said Guy Bourassa, President and CEO of Nemaska Lithium.
TORONTO , Jan. 31, 2019 /CNW/ - Trading resumes in: Company: Nemaska Lithium Inc. TSX Symbol: NMX (all issues) Resumption (ET): 11:15:00 AM IIROC can make a decision to impose a temporary suspension ...
Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) announces that a fire that occurred last night has caused damages to the Nemiscau workcamp cafeteria, which hosts the construction workers of the Whabouchi mine located 15 kilometres further. The Corporation will be operating the Whabouchi mine in Québec, Canada, one of the richest lithium spodumene deposits in the world, both in volume and grade.
TORONTO , Jan. 31, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Nemaska Lithium Inc. TSX Symbol: NMX All Issues: Yes Reason: Pending News Halt Time (ET): 09:44:00 AM IIROC can ...
Nemaska Lithium Inc. (the “Corporation”) (NMX.TO) (NMKEF) is pleased to announce the appointment of Robert Beaulieu as its new Vice President, Operations. Since January 3, Mr. Beaulieu has been overseeing the construction and operations readiness work that will lead to the commissioning of the Whabouchi mine and the Shawinigan electrochemical plant. “We are truly pleased to welcome Robert to Nemaska Lithium, an incredible talent developed through various Canadian and international experiences,” said Guy Bourassa, President and CEO of Nemaska Lithium.
The event was also broadcast live online and will be available on the Corporation’s website, under the Investors’ tab. In the address he made at the meeting, President and CEO Guy Bourassa pointed out that the Corporation had reached several important milestones in 2018 and the first months of the fiscal year ending June 30, 2019, particularly in important areas such as financing, detailed engineering, construction, sales agreements and relationships with the communities of Whabouchi and Shawinigan. “I am especially proud of the progress the Corporation has made in the last few months through the concerted efforts of all our internal teams, supported by our many partners and external suppliers.
Nemaska Lithium Inc.'s (TSE:NMX): Nemaska Lithium Inc. operates as a developing chemical company in Canada. The company’s loss has recently broadened since it announced a -CA$12.1m loss in the full Read More...
QUEBEC CITY, Dec. 12, 2018 -- Nemaska Lithium (TSX: NMX) (OTCQX: NMKEF) is pleased to invite its shareholders and the media to its 2018 Annual General and Special Meeting of.
QUÉBEC CITY, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) is pleased to provide a construction project and development update for its Whabouchi mine and electrochemical plant in Shawinigan (the “project”). Occupational health and safety are of paramount importance to Nemaska Lithium, and as of October 27, 2018 the Corporation is pleased to report that there has been no lost time due to injury during the 245,397 construction and engineering hours worked at both Whabouchi and Shawinigan construction sites.