Articles On Lake Resources (ASX:LKE)

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Why did the Lake Resource share price sink 24% in February?

The Lake Resources N.L. (ASX: LKE) share price closed out the month of February down 24% to 63 cents. In the first hour of trading on Wednesday, the ASX lithium stock is down 2.88% to 61 cents. Let’s take a look at the factors putting a...

Motley Fool LKE 2 years ago
These ASX 200 shares were crushed in February

It was a tough month for the S&P/ASX 200 Index (ASX: XJO) in February. The benchmark index was rattled by rising interest rates and lost 2.9% of its value to end at 7,258.4 points. While a number of ASX 200 shares dropped with the ma...

Motley Fool LKE 2 years ago
High Voltage: Lithium miners dominate reporting season, large stockpile of DRC cobalt spells danger for metal prices

Reporting season wrap: PLS announces maiden divvy on $1.24bn NPAT, AKE and MIN also enjoy skyrocketing lithium profits +US$1.5bn of copper and cobalt is being stockpiled in the DRC due to a dispute If it hits the market cobalt prices will...

Stockhead LKE 2 years ago
Here are the top ten ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) regained some of its Monday losses today, closing 0.47% higher at 7,258.4 points. Leading the charge were energy stocks, with the S&P/ASX 200 Energy Index (ASX: XEJ) gaining 1.5% with the Woodside E...

Motley Fool LKE 2 years ago
Eye on Lithium: China’s crackdown on illegal mining could take 10% of global supply out of action

China cracks down on illegal mining in major lithium hub, cutting 10% of global supply Westar says there’s 1.4km of LCT pegmatite strike potential at the Olga Rocks project  Loyal Lithium plans to fast-track a drilling campaign at the Tri...

Stockhead LKE 2 years ago
Why did ASX 200 lithium share Sayona dive 13% in February?

The Sayona Mining Ltd (ASX: SYA) share price has had a rough trot so far this month despite plenty of seemingly good news from the S&P/ASX 200 Index (ASX: XJO) lithium hopeful. After ending January trading at 26 cents, the stock is tra...

Motley Fool LKE 2 years ago
Are ASX nickel shares worth investing in?

Lithium has been the headline star of battery minerals among ASX investors in recent years. But with the stock prices of most of the producers now fully priced, what about some of the other ingredients necessary for a net-zero future? Nick...

Motley Fool LKE 2 years ago
Eye on Lithium: US judge clears path for construction to begin at #3 largest lithium mine in the world

A US district judge denies request for an emergency injunction to prohibit work at the largest known lithium deposit in the country Pilbara’s joint venture company, POSCO Pilbara Lithium Solution Co executes a US$460m debt facility with Ko...

Stockhead LKE 2 years ago
Eye on lithium: Spot prices wilting, but producers are still cashing in with megaprofits

Chinese lithium chemical prices continue to soften Pilbara Minerals pays first ever dividend Resource Base acquiring lithium projects in Quebec All your lithium news, Friday February 24.   Chinese lithium chemical prices have continued to...

Stockhead LKE 2 years ago
Gold Digger: The good, bad, and ugly of ASX gold reporting season

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

Stockhead LKE 2 years ago
FNArena Corporate Results Monitor – 23-02-2023

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AUB)) - AUB Group ((ASG)) - Autosports Group ((CHL)) - Camplify Holdings ((CWP)) - Cedar Woods Properties ((CRN)) - Coronado Global Resources ((DMP)) - Domino's Pizza En...

FNArena LKE 2 years ago
Eye on Lithium: Albanese stresses importance of local battery manufacturing in Australia

Prime Minister Anthony Albanese solidifies his stance on establishing a critical minerals value chain here in Australia Omnia engages Canadian based APEX Geoscience to assist with advancement of the Lac des Montagnes project Mineral Resour...

Stockhead LKE 2 years ago
ASX Close: Shares trim fall after wages surprise

Aussie shares closed at a five-week low despite paring losses as a smaller-than-expected increase in wages eased pressure on the Reserve Bank to keep hiking interest rates to restrain inflation. The S&P/ASX 200 more than halved its o...

themarketherald.com.au LKE 2 years ago
Eye on Lithium: Lithium price slump sparks debate about what’s next

Lithium carbonate prices have tumbled 30% since November 2022 peaks, what’s next?  Mandrake has secured a ~226sqkm lithium brine project in Utah’s Paradox Basin Charger intersects multiple stacked spodumene-pegmatites at Lake Johnston A...

Stockhead LKE 2 years ago
ASX Update: Wages surprise sharpens rates hopes

The share market pared sharp initial losses after wages increased less than expected last quarter, easing pressure on the Reserve Bank to hike interest rates to crush inflation. The S&P/ASX 200 trimmed a 69-point fall to 16 points or...

themarketherald.com.au LKE 2 years ago
High Voltage: Late to battery metals investing? Don’t worry, Sprott says this bull market is just beginning

We are likely in the early stages of this battery metals super cycle: Sprott Asset Management Lithium supply ‘unlikely to keep up’; copper and nickel supply will also go into deficit Battery metals M&A also ramping up Our High Voltage...

Stockhead LKE 2 years ago
Eye on Lithium: Mexico, which produces no lithium, moves closer to lithium nationalisation

Mexico signs decree to nationalise lithium reserves A major reverse circulation lithium drill program kicks off at St George’s Mt Alexander Project in WA Anson Resources identifies a significant opportunity to reduce carbon emissions at it...

Stockhead LKE 2 years ago
Why are ASX 200 lithium shares having such a stellar run today?

It has been a much better day for ASX 200 lithium shares on Tuesday. After a heavy decline on Monday, they are rebounding strongly this afternoon. ASX lithium shares rebound Here’s what is happening in the lithium industry today: The A...

Motley Fool LKE 2 years ago
Eye on Lithium: Rumour on the street is that Tesla is looking to snap up Sigma Lithium

Tesla considers bid for TSX, NASDAQ-listed project developer Sigma Lithium Corp, Bloomberg says Pilbara Minerals sells 15,000 tonne cargo of spodumene using a new commercial model based on lithium hydroxide tolling Essential Metals granted...

Stockhead LKE 2 years ago
2 excellent ASX 200 mining shares to buy now: experts

If you’re looking to diversify your portfolio with some mining sector exposure, then read on. Listed below are two ASX 200 mining shares that experts are tipping as buys with material upside potential. Here’s why these could be the mining...

Motley Fool LKE 2 years ago
Why is the Core Lithium share price being trashed on Monday?

The Core Lithium Ltd (ASX: CXO) share price is under heavy selling pressure today. Shares in the S&P/ASX 200 Index (ASX: XJO) lithium stock closed on Friday trading for 96 cents. At the time of writing, shares are trading for 93 cents...

Motley Fool LKE 2 years ago
Why are ASX lithium shares being hammered on Monday?

The lithium industry is a sea of red on Monday. A large number of ASX lithium shares are under pressure and have sink deep into the red today. What’s going on with ASX lithium shares? Investors have been selling down ASX lithium shares o...

Motley Fool LKE 2 years ago
ASX Today: Muted start as rates outlook caps risk appetite

A mixed finish on Wall Street points to a flat start to Australian trade as a huge week of corporate earnings gets underway. ASX futures dipped one point or 0.01 per cent as rising yields and expectations of higher rates kept a lid on US...

themarketherald.com.au LKE 2 years ago
Down 22% in a month, is it time to dive in and buy Lake Resources shares?

The Lake Resources NL (ASX: LKE) share price closed Friday’s session down 3.8% to 63.5 cents. This caps off a hideous month for the ASX lithium share, which has slid 22% over this short period. Why is the Lake Resources share price falli...

Motley Fool LKE 2 years ago
‘Don’t let the bears get you’: Where will ASX shares end up in 2023?

Right now share markets are witnessing a battle royale between Goldilocks and the bears. That’s according to Wilsons head of investment strategy David Cassidy, who this week evoked the fairytale to describe the delicate balance challenging...

Motley Fool LKE 2 years ago
Eye on Lithium: Race to secure lithium supplies is heating up

Piedmont lands investment, binding offtake from LG Chem Car makers could invest up to US$600bn over 10 years on battery investments Sayona’s North American Lithium restart is on track and on budget All your ASX lithium news for Friday, Fe...

Stockhead LKE 2 years ago
Why has the Sayona Mining share price crashed 20% in 2 weeks?

The last fortnight has been rough for those invested in Sayona Mining Ltd (ASX: SYA), with the lithium favourite’s share price crashing 19.6% in that time. Right now, the Sayona Mining share price is trading at 21.7 cents – 1.36% lower...

Motley Fool LKE 2 years ago
Eye on Lithium: Is this one of the best lithium drill intercepts ever?

TSX listed Frontier finds high grade zones up to a whopping 3.12% Li2O in Canada Infinity to deploy ambient noise tomography to 3D map Tambourah South project Venus kicks off RC drilling at new Manindi North lithium target  All your ASX l...

Stockhead LKE 2 years ago
Eye on Lithium: Wesfarmers’ budget blowout for Mt Holland could hit $1.3 billion

Wesfarmers says Mt Holland lithium project capex is now $1.2-1.3 billion BMG Resources eyes acquisition of the Bullabulling Project in WA Octava Minerals has flagged a new lithium target at the Talga project   All your ASX lithium news fo...

Stockhead LKE 2 years ago
Anova wraps up DC Mines acquisition, set to emerge a bigger gold player

Anova has officially added 945,000oz of gold to its resource base following the acquisition of Golden Dragon and Fields Find project holder DC Mines. The addition of the previously producing Golden Dragon, which holds the known resource, an...

Stockhead LKE 2 years ago
4 ASX 200 lithium shares being targeted by short sellers

S&P/ASX 200 Index (ASX: XJO) lithium shares appear to be all the rage among short sellers right now, with four market favourites among the 10 most shorted ASX shares. So, why have these lithium stocks caught the attention of market pes...

Motley Fool LKE 2 years ago
Eye on Lithium: ‘Securing raw material is more important than the price’ — Battery giant LG Chem is desperate for EV metals

LG Chem says it is prioritising prioritising efforts to secure raw materials Patriot Battery Metals hits significant intervals of spodumene pegmatite at the CV13 pegmatite cluster New assays from Winsome’s Adina project have returned lithi...

Stockhead LKE 2 years ago
ASX Large Caps: Star Casino, Temple Webster fall double digits; ASX inches higher ahead of US CPI

The ASX climbed 0.15% as earnings season continues Australia consumer sentiment lowest in 50 years The crucial US inflation report is due tonight   The ASX climbed 0.15% on Tuesday, with Tech and Comm Services leading the charge. This com...

Stockhead LKE 2 years ago
S&P/ASX 200 (INDEXASX:XJO) to bounce, JBH and CBA share price in focus

The Australian share market or S&P/ASX 200 (INDEXASX: XJO) is expected to open higher on Tuesday, according to SPI 200 futures contracts in Sydney. The benchmark S&P/ASX200 index eased 15.9 points, or 0.2 per cent, on Monday, to a t...

Rask Media LKE 2 years ago
Eye on Lithium: EV sales to jump from 2m in 2020 to 73m per year by 2040

EV could make up about half of all new vehicle sales worldwide by 2035 Efforts to diversify EV battery manufacturing starting to pay off Azure drilling bears fruit with RC hole hitting sweet lithium interval All your ASX lithium news, Feb...

Stockhead LKE 2 years ago
Here are the 10 most shorted ASX shares

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

Motley Fool LKE 2 years ago
Eye on Lithium: Is India’s new lithium discovery for real?

India finds lithium resources Global push to ensure energy security is continuing Kalamanzoo finds outcropping spodumene-bearing pegmatite dykes All your ASX lithium news, Feburary 10.   India has been crowing about the discovery of a nat...

Stockhead LKE 2 years ago
Eye on Lithium: Battery production is set to pass 1TWh. We need 300TWh all up to be ‘fully sustainable’, Elon Musk says

Global battery production is on track to pass 1TWh in 2023 Zenith Minerals identifies a new lithium geochemical target at Split Rocks Lightning Minerals identifies 28 targets across the Dundas project All your ASX lithium news, February 9...

Stockhead LKE 2 years ago
ASX 200 lithium share Sayona is heavily shorted. Should you steer clear?

The Sayona Mining Ltd (ASX: SYA) share price has roared 26% in 2023 to trade at 24 cents right now. Interestingly, however, the S&P/ASX 200 Index (ASX: XJO) lithium share isn’t short of shorters. In fact, it’s currently the fifth m...

Motley Fool LKE 2 years ago
Eye on Lithium: BMW tips A$1.2bn to expand Mexican EV plant

BMW invests A$1.2 billion to expand its EV plant in Mexico, targets  ‘Neue Klasse’ production from 2027 Galan moves to full ownership of its Candelas lithium project in Argentina Latin Resources expands Salinas lithium project footprint by...

Stockhead LKE 2 years ago
ASX Large Caps: Boral, Suncorp’s earnings push ASX higher; death reported at BHP mine site

The ASX climbed by 0.3% on Wednesday Mining and Financials were the best sectors Boral and Suncorp’s results helped pushed the sectors higher   Mining and Financials pushed the benchmark index higher today as the ASX 200 climbed 0.3% on W...

Stockhead LKE 2 years ago
High Voltage: Robert Friedland says the Congo is ‘best place in the world’. AVZ Minerals shareholders probably disagree

AVZ’ problems compound with cancelation of mining licence decree for Manono lithium project Shareholders remain in limbo, with AVZ in suspension since May 2022 Aussie-based firm Recharge Industries has been named as the preferred bidder fo...

Stockhead LKE 2 years ago
Eye on Lithium: Could 2023 be the year demand dynamics replace the supply fixation?

S&P says fears of a recession, among other things, is placing increasing pressure on lithium demand Australia’s Recharge Industries is the preferred bidder to acquire BritishVolt Shares in EV Resources surge on $25m investment commitme...

Stockhead LKE 2 years ago
Lake Resources shares are among the most shorted on the ASX. Is this a red flag?

The last 12 months or so have been a wild ride for Lake Resource N.L. (ASX: LKE) and those invested in its shares. After peaking at $2.65 in April 2022, the Lake Resources share price crashed to a low of 54.5 cents in July. It’s since re...

Motley Fool LKE 2 years ago
Which explorers are unlocking the treasure chest with maiden gold and copper resources in 2023?

In the latest instalment of our maiden resources series, we’ve picked out nearly a dozen stocks that could post maiden JORC 2012 gold and copper resources in 2023. A maiden lithium resource is as close to a sure thing for a rerate as you ca...

Stockhead LKE 2 years ago
Property sector leads ASX 0.3% lower

ShareCafeProperty sector leads ASX 0.3% lower by Peter Milios   Large property players Goodman Group (ASX:GMG), Dexus (ASX:DXS), Mirvac Group (ASX:MGR) and Charter Hall (ASX:CHC) have all suffered losses in today’s session. The index has re...

ShareCafe LKE 2 years ago
Eye on Lithium: US adds fuel to lithium demand, makes more EVs eligible for tax credits

The US has changed the definition of an ‘SUV’ to make more electric vehicles eligible for tax credits Patriot extends the strike length of its CV5 pegmatite discovery by 400m Balkan Mining completes initial desktop studies at Corvette Nort...

Stockhead LKE 2 years ago
ASX Large Caps: Market subdued as iron ore price eases; BNPL on watch after collapse of Openpay

Local shares finished 0.25% lower on Monday Autralian retail sales fall in Q4 BNPL sector came under pressure   The ASX 200 index closed Monday 0.25% lower as it tracked movements on Wall Street. Energy and Mining sectors rose half a perc...

Stockhead LKE 2 years ago
ASX Close: Shares retreat as Wall Street wobbles

Aussie shares backed off a nine-month high on the eve of the first interest rate decision of 2023 following negative leads from Wall Street. The S&P/ASX 200 dropped 19 points or 0.25 per cent to 7539. Property stocks, small caps a...

themarketherald.com.au LKE 2 years ago
ASX Update: Shares retreat as US-China tensions heat up

Australian shares retreated ahead of a likely rate rise tomorrow as investors weighed takeover action and weak US equity futures as diplomatic tensions increased between the US and China. The S&P/ASX 200 retreated 22 points or 0.3 pe...

themarketherald.com.au LKE 2 years ago