Articles On Lake Resources (ASX:LKE)

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Why ASX dividend shares might be a double-edged sword against inflation

Following a strong 12 months of business activity, shareholders of ASX-listed companies are now set to be treated to an aggregate $42 billion in dividend payouts in September. This follows on from a similarly pricey $45 billion collective...

Motley Fool LKE 1 year ago
Here’s how rising interest rates could plunge the economy into recession and send the ASX 200 into a vicious bear market

It’s easy to be bearish on the stock market right now. 1) Interest rates are rising, with the Reserve Bank of Australia (RBA) widely expected to hike again today, likely by another 50 basis points, lifting the cash rate to 2.35%. 2) Infl...

Motley Fool LKE 1 year ago
Eye on Lithium: ASX listed Essential Metals flags production at Pioneer Dome by 2025

Essential Metals says lithium production could kick off in 2025 at Pioneer Dome  Green Technology Metals begins 2,500m diamond drilling program at Roots Project Resource Mining prepares initial field exploration program across Finnish lith...

Stockhead LKE 1 year ago
ASX Large Caps: Local shares up; and here are the winners and losers in the ASX rebalance

The ASX finishes higher on Monday Energy / Resource only outperforming sectors  ASX 200 quarterly rebalance sees 8 stocks in and 8 stocks out of the index The ASX ended Monday higher by 0.2% and trimmed last week’s losses despite a weak l...

Stockhead LKE 1 year ago
ASX Close: Market steadies ahead of likely rate hike

The share market steadied on the eve of an increase in interest rates as a US market holiday and a rebound in key commodities encouraged buyers. The S&P/ASX 200 bounced 23.5 points or 0.34 per cent from Friday’s five-week low. Gai...

themarketherald.com.au LKE 1 year ago
Investing is crucial to retiring rich. Here’s why

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. Everyone wants to hav...

Motley Fool LKE 1 year ago
Why is the Lake Resources share price having such a stellar Monday?

The Lake Resources N.L. (ASX: LKE) share price is up and away on Monday despite no announcements from the company. After being pounded late last week by almost 10%, the lithium producer’s shares are rebounding 3.77% to $1.10 today. And d...

Motley Fool LKE 1 year ago
These 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 1 year ago
Financial powerhouse: Why I think these stats make Xero shares irresistible

Xero Limited (ASX: XRO) shares have performed strongly over the long term. In fact, in the past five years, the Xero share price has seen a 250% rise. However, it has dropped 43% since the start of 2022. Still, I think there are a number o...

Motley Fool LKE 1 year ago
ASX Close: Commodity crunch sinks miners for fifth day

The share market suffered its biggest weekly loss since June as the heavily-weighted mining sector fell for a fifth day with Covid lockdowns in China clouding the demand outlook. The S&P/ASX 200 seesawed in and out of positive territ...

themarketherald.com.au LKE 1 year ago
Eye on Lithium: Piedmont picks Tennessee for its massive 30,000tpy lithium hydroxide plant in the US

Piedmont plans to build massive lithium hydroxide plant in Tennessee by 2025 Power Minerals plans to kick off resource definition drilling at the Salta lithium project  Tambourah Metals flags 1,420ppm lithium rock chip samples at the Russ...

Stockhead LKE 1 year ago
Why is the Sayona Mining share price crumbling 8% on Friday?

The Sayona Mining Ltd (ASX: SYA) share price is tanking on Friday despite no news having been released by the company. Stock in the mineral explorer and developer is currently trading at 25.75 cents apiece, 8.04% lower than its previous cl...

Motley Fool LKE 1 year ago
ASX Update: Stocks mark time as commodity falls weigh

The share market faces its worst weekly loss since June following a flat morning as creeping Covid lockdowns in China weighed on commodity prices. The S&P/ASX 200 overcame early weakness to reach mid-session half a point or 0.01 per...

themarketherald.com.au LKE 1 year ago
Eye on Lithium: EV laggard Toyota hedges bets with US$5bn battery investment

Toyota intends to increase battery production capacity by up to 40GWH Battery production for EVs will kick off between between 2024 and 2026 Argosy completes 95% of development work at the Rincon Lithium Project in Argentina All your lith...

Stockhead LKE 1 year ago
Why did the Lake Resources share price rocket 40% in August?

The Lake Resources NL (ASX: LKE) share price took off last month. After closing the final session of July at 81 cents, stock in the S&P/ASX 200 Index (ASX: XJO) lithium favourite ended yesterday’s trade at $1.17. That marks a 44.4% i...

Motley Fool LKE 1 year ago
These were the best performers on the ASX 200 in August

The S&P/ASX 200 Index (ASX: XJO) managed to carve out a small gain in August despite the market volatility. The benchmark index rose 0.6% to end the period at 6,986.8 points. Four ASX shares that smashed the market last month are list...

Motley Fool LKE 1 year ago
Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) put out a wobbly performance on Wednesday, opening and closing in the red despite gaining for much of the session. The index closed 0.16% lower at 6,986.80 points. Sadly, today marks the unofficial end...

Motley Fool LKE 1 year ago
Eye on Lithium: 1.7GWh of energy storage will enter the Aussie market in two years

Melbourne-based Akaysha partners with US energy storage company to deploy energy storage systems into the Aussie market  Galan’s high-flow long-term pumping test results continue to deliver higher production capacity parameters at the Pata...

Stockhead LKE 1 year ago
High Voltage: Here’s why those lithium super profits aren’t slowing down any time soon

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Stockhead LKE 1 year ago
Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) bounced back today following a 2% tumble that saw only four shares close higher on Monday. The index lifted 0.47% in Tuesday’s session to close at 6,998.30 points. In the lead was the S&P/ASX 200...

Motley Fool LKE 1 year ago
Eye on Lithium: Honda teams up with LG Energy to build US$4.4b EV battery plant

Honda and LG Energy want to supply lithium-ion batteries exclusively to Honda facilities in the North American Market  Construction will take place in early 2023 ahead of mass production in 2025 Xantippe engages Argentinian consulting comp...

Stockhead LKE 1 year ago
ASX Large Caps: Local shares are back on the bike as energy surges and Woodside triples dividends

The ASX 200 bounced back on Tuesday Woodside triples dividends All 11 sectors finish in the green Local shares reclaimed some of Monday’s losses, finishing the day 0.65% higher. All 11 sectors finished in the green, led by by Tech and Ene...

Stockhead LKE 1 year ago
Could this give some ASX lithium shares the edge?

The performance of ASX lithium shares has been polarised year to date, with some companies deep in the red and others boasting double-digit increases. The Vulcan Energy Resources Ltd (ASX: VUL) share price, for instance, is down around 26%...

Motley Fool LKE 1 year ago
FNArena Corporate Results Monitor – 30-08-2022

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((29M)) - 29Metals ((A2M)) - a2 Milk Co ((ABY)) - Adore Beauty ((APM)) - APM Human Services International ((ABB)) - Aussie Broadband ((AOF)) - Australian Unity Office Fund...

FNArena LKE 1 year ago
Evening Report: 29 August, 2022

ShareCafeEvening Report: 29 August, 2022 by Paul Sanger   Shares on the ASX plunged lower on Monday following Fed Chairman Jerome Powell’s speech at Jackson Hole on Friday. He warned that rising interest rates will cause “some pain” to the...

ShareCafe LKE 1 year ago
RPMGlobal share price dips despite 20% revenue surge

The RPMGlobal Holdings Ltd (ASX: RUL) finished the day 4.78% in the red at $1.495 following the release of its FY22 results. Trading volume was more than 5x higher than the 4-week average today at 1.315 million shares, suggesting invest...

Motley Fool LKE 1 year ago
This ASX All Ords share flew higher on a 230% profit boost

The Om Holdings Limited (ASX: OMH) share price lifted today amid a huge jump in profit. The manganese and silicon smelting company’s share price lifted 7.46% to 72 cents. In contrast, the All Ordinaries Index (ASX: XAO) dropped 2.07% toda...

Motley Fool LKE 1 year ago
Why did the Lake Resources share price plunge 10% today?

The Lake Resources NL (ASX: LKE) share price slipped deep into the red in afternoon trade on Monday. At the close of trade, Lake Resources shares finished 10.13% down at $1.07 apiece on no news. In broad market moves, the S&P/ASX 30...

Motley Fool LKE 1 year ago
Guess which ASX iron ore share leapt 6% on ‘outstanding returns for shareholders’. Hint: not Fortescue

The S&P/ASX 200 Index (ASX: XJO) slid 1.95% today, but one ASX iron ore share jumped ahead on the release of its FY22 results. The Fenix Resources Ltd (ASX: FEX) share price gained 5.88% today to trade at 36 cents. Let’s take a loo...

Motley Fool LKE 1 year ago
Silver Lake Resources (ASX:SLR) posts soft financial results for FY22

Silver Lake Resources (SLR) posts a six per cent revenue increase to $634.6 million in FY22 which includes a first-time contribution from the Sugar Zone mine acquired in February The company bought the Canadian mine from Harte Gold earlier...

themarketherald.com.au LKE 1 year ago
ASX Close: Interest rates outlook fuels heavy sell-off

The stock market suffered its heaviest loss in two and a half months as investors reacted to rates jitters on Wall Street and unexpectedly strong retail sales figures. The S&P/ASX 200 slumped 139 points or 1.95 per cent to 6965.5. Ju...

themarketherald.com.au LKE 1 year ago
Eye on Lithium: Core Lithium, Tesla get more time to hash out offtake deal

Core and Tesla agree to extend termination date for the binding off-take term sheet to October Kalamazoo accepts a $3m cornerstone investment to fast-track lithium and gold projects  Matsa wraps up a heavily oversubscribed placement after...

Stockhead LKE 1 year ago
ASX Large Caps: Powell remarks spark global risk selloff; ASX down 2%

The ASX fell by 2% on Monday  Global risk-off sentiment was sparked by Fed Chairman’s comments on Friday Aussie retail sales at fresh record levels   Risk assets fell globally, spooked by Jerome Powell’s Jackson Hole speech on Friday. Sha...

Stockhead LKE 1 year ago
Why is the Novonix share price tumbling 6% on Monday?

With the S&P/ASX 200 Index (ASX: XJO) now down 1.94% for the day so far to 6,966 points or so, it’s fair to say that ASX 200 shares have had better starts to a trading week. But amid these nasty falls, the Novonix Ltd (ASX: NVX) shar...

Motley Fool LKE 1 year ago
ASX Update: Market slides 2% as rates outlook dims

The share market slumped to a three-and-a-half-week low after interest rate jitters triggered Wall Street’s worst sell-off in two months. The S&P/ASX 200 dived 149 points or 2.09 per cent by the halfway mark. All 11 sectors declin...

themarketherald.com.au LKE 1 year ago
Silver Lake share price tumbles on weaker FY22 results

The Silver Lake Resources Limited (ASX: SLR) share price is in the red after the company announced a drop in profits even as sales increased in FY22. Shares in the Australian and Canadian gold miner are down 3.52% to $1.3025 at the time of...

Motley Fool LKE 1 year ago
These are the 10 most shorted ASX shares

Once a 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 levels can sometim...

Motley Fool LKE 1 year ago
Eye on Lithium: California votes to knife ICE powered cars by 2035, Allkem’s revenues just went up by 800%

California expected to become  first US state to ban sale of new combustion engine (ICE) vehicles Allkem reports record FY results with revenue increasing over 800% to US$770 million Anson executes a binding MoU with global lithium extract...

Stockhead LKE 1 year ago
Have Sayona Mining shares been a good investment in 2022?

Have Sayona Mining Ltd (ASX: SYA) shares been a good investment in 2022? Good question. The Sayona Mining share price has certainly been keeping a comfortable space in the midst of investors’ minds over this year so far. This emerging AS...

Motley Fool LKE 1 year ago
Guess which little-known ASX lithium share has surged 75% in the past month

The price of lithium carbonate continues to be top-heavy in August, having curled upward in the past two weeks of trade. From 17 August to date, the price of the key battery metal has caught a bid and gained 1.45% to A$102,690 per tonne....

Motley Fool LKE 1 year ago
Eye on Lithium: Ford slashes jobs to focus on US$50bn EV plans

Ford cuts 3,000 jobs within operations that build internal combustion engine vehicles to focus on EV push  Arcadia releases 560% increase to resource at Bitterwasser Project Latin Resources first pass ‘sighter’ metallurgical test work retu...

Stockhead LKE 1 year ago
Could Pilbara’s inaugural profit signal good times ahead for ASX lithium shares?

One of the biggest pieces of news during this week of earnings season so far has been the results that ASX lithium share Pilbara Minerals Ltd (ASX: PLS) delivered yesterday.  As we covered at the time, Pilbara delighted investors by report...

Motley Fool LKE 1 year ago
High Voltage: Chinese lithium sellers hoarding units ‘in expectation of stronger price rally’

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

Stockhead LKE 1 year ago
Eye on Lithium: Macquarie doesn’t see ‘material volume from new spodumene producers until CY23’, ups lithium price target

Macquarie upgrades its quarterly average lithium price assumption by 2% to US$5,000/t The brokers top two lithium picks remain unchanged – Pilbara Minerals and IGO  Encounter Resources expansive land position in the North Arunta province i...

Stockhead LKE 1 year ago
Why did the Sayona Mining share price beat the ASX All Ords on Tuesday?

The Sayona Mining Ltd (ASX: SYA) share price failed to hit the heights of some of its fellow ASX lithium stocks today, ending the day flat at 27.5 cents. However, it outperformed the All Ordinaries Index (ASX: XAO), which closed down 1.21%...

Motley Fool LKE 1 year ago
3 ASX 200 shares breaking multi-year highs on Tuesday

It’s been a pretty dire day for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Tuesday. At the time of writing, the ASX 200 has lost a nasty 1.02% and is well back below 7,000 points. But a falling tide doesn’t always lower all b...

Motley Fool LKE 1 year ago
Why has the Chalice Mining share price dived 13% in the past week?

The Chalice Mining Ltd (ASX: CHN) share price has tumbled 13% since this time last week despite no news having been released by the company. Meanwhile, the S&P/ASX 200 Materials Index (ASX: XMJ) – the company’s home sector – has...

Motley Fool LKE 1 year ago
Here are the 3 most heavily traded ASX 200 shares on Tuesday

The S&P/ASX 200 Index (ASX: XJO) is backing up yesterday’s losses with another day of red ink so far this Tuesday. At the time of writing, the ASX 200 has lost a depressing 1.06% and is back down under 7,000 points. But rather than dw...

Motley Fool LKE 1 year ago
Why is the Allkem share price acing it on Tuesday?

The Allkem Ltd (ASX: AKE) share price is far outperforming the market today. Shares in the lithium miner are trading 5.24% higher to $13.155 apiece during afternoon trade. In contrast, the S&P/ASX 200 Index (ASX: XJO) is 1.03% lower at...

Motley Fool LKE 1 year ago
Why is Lake Resources underperforming other ASX 200 lithium shares right now?

The Lake Resources NL (ASX: LKE) share price has tumbled into the red this afternoon despite a strong performance from many of the company’s fellow S&P/ASX 200 Index (ASX: XJO) lithium stocks. Right now, the Lake Resources share price...

Motley Fool LKE 1 year ago