Articles On Lake Resources (ASX:LKE)

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ASX ends the week on a new closing high powered by tech, healthcare stocks

Summary  The S&P/ASX200 rose 8 points or 0.11% to hit a new closing high of 7,394.4. The market was supported by solid gains in health care and tech stocks. New South Wales recorded 136 new locally acquired COVID-19 cases, the hig...

Kalkine Media LKE 4 years ago
Here are the Top 25 ASX large cap movers for Friday

Local stocks continued to edge higher to end the week, although there was a notable tone of caution compared to the previous three days. The ASX200 finished almost flat at 0.11%, only dragged into the green by the Consumer Staples index (co...

Stockhead LKE 4 years ago
These ASX 200 shares were the most heavily traded today

The S&P/ASX 200 Index (ASX: XJO) has ended the trading week on a rather flat note. At the closing bell, the ASX 200 was up, but only just, having gained 0.11% to finish on 7,394 points. So let’s take a look at some of the ASX 200 shar...

Motley Fool LKE 4 years ago
Silver Lake Resources Shares Plunge on Quarterly Update (SLR:ASX)

The Silver Lake Resources Ltd [ASX:SLR] shares plunged today on cost and labour shortage worries flagged in its June quarterly. SLR shares fell as much as 11% in early trade. At time of writing, they were trading at $1.605 a share, down 9%....

Daily Reckoning LKE 4 years ago
Silver Lake Resources Shares Plunge on Quarterly Update (ASX:SLR)

The Silver Lake Resources Ltd [ASX:SLR] shares plunged today on cost and labour shortage worries flagged in its June quarterly. SLR shares fell as much as 11% in early trade. At time of writing, they were trading at $1.605 a share, down 9%....

Daily Reckoning LKE 4 years ago
Why BARD1, Imugene, Northern Star, & Silver Lake shares are sinking

In late afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a small decline. At the time of writing, the benchmark index is down slightly to 7,385.7 points. Four ASX shares that are falling more than mos...

Motley Fool LKE 4 years ago
ASX back in green; here’s why the stock market rebounded

Summary The S&P/ASX200 was trading marginally higher by the lunchtime, reversing opening losses. The benchmark index dropped as much as 4% to 7,357 in the opening trade. Seven of the 11 sectors were trading in green, while health...

Kalkine Media LKE 4 years ago
ASX 200 midday update: Crown-Star merger talks end, Evolution jumps

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) has fought back from an early decline and is trading broadly flat. The ASX 200 is currently trading at 7,388.5 points. Here’s what is happening on the ASX 200 today: Crown-Star merge...

Motley Fool LKE 4 years ago
Silver Lake Resources (ASX:SLR) share price slides 9% on quarterly results

The Silver Lake Resources Limited. (ASX: SLR) share price has slipped into the red this morning after the company released its quarterly results. Silver Lake shares are now exchanging hands at $1.60, a 9% drop from the market open. Let’s...

Motley Fool LKE 4 years ago
What to expect from ASX 200 on last day of the week

Summary The Australian share market is expected to open on a weak note even as US shares closed higher. On Thursday, the benchmark index closed 1.06% higher at 7,386.40. While the Dow Jones rose 0.1%, the S&P 500 climbed 0.2%. The...

Kalkine Media LKE 4 years ago
Mt Monger firing up the drill rigs to chase historic gold targets at Duchess of York

Newly listed WA gold explorer Mt Monger Resources is firing up the drill rigs at its flagship gold project east of Kalgoorlie. Mt Monger Resources (ASX:MTM) first target is the Duchess of York deposit, a prospect identified by Western Minin...

Stockhead LKE 4 years ago
90 Seconds With… Stephen Promnitz, Lake Resources

Got 90 seconds? Then listen to Managing Director, Stephen Promnitz tell us about their company news. Lake Resources NL (ASX:LKE) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable,...

Stockhead LKE 4 years ago
Will US stock rebound guide ASX 200 to trade in green today?

Summary The Australian share market is expected to open higher on Wednesday after robust closing on Wall Street. The ASX 200 index may open 0.8% higher, according to the ASX futures. According to experts, riskier assets globally have...

Kalkine Media LKE 4 years ago
ASX ends 0.5% lower; why miners, energy stocks extended fall for second day

Summary  The S&P/ASX200 ended lower for the second day, falling 0.46% to 7,252. The index fell as much as 1.1% to hit an intraday low of 7,205, setting a new 20-day low. Material and energy sectors emerged as top laggards for the...

Kalkine Media LKE 4 years ago
Monsters of Rock: Who’s floating above the mire today?

ASX-listed miners are in a collective rut and even a record year of iron ore exports from BHP (ASX:BHP) could not get it in the green today. BHP lost upwards of 2% on the Aussie bourse, as did Rio Tinto (ASX:RIO), Lynas (ASX:LYC), Champion...

Stockhead LKE 4 years ago
ASX pares opening losses; Oil Search, Zip Co lead

Summary The S&P/ASX200 opened lower and declined as much as 1.1% to hit a low of 7,205. The index was down just 0.12% by the lunchtime, supported by gains in health care and tech stocks. Seven of 11 sectors were floating in red, w...

Kalkine Media LKE 4 years ago
ASX 200: What to expect from market after weak Wall Street closing

Summary The ASX 200 is expected to open lower on Monday after US stocks fell in the previous session on inflation fears. The Australian benchmark index may open 37 points or 0.5% lower on Monday. This week, investors are expected to c...

Kalkine Media LKE 4 years ago
Lake Resources Shares: Cleaner Lithium for an Electric World (ASX:LKE)

The Lake Resources NL’s [ASX:LKE] shares jumped 6% in early trade after stating it possesses the ‘world’s cleanest lithium’ in an investor presentation. The post Lake Resources Shares: Cleaner Lithium for an Electric World (ASX:LKE) appeare...

MoneyMorning LKE 4 years ago
ASX 200: How is the market likely to open on Friday?

Summary Wall Street slid to lower levels despite the four largest US consumer banks declaring blockbuster second-quarter results earlier this week. In the cryptocurrency space, Bitcoin fell 3.3% to US$31,733, the lowest level since 27...

Kalkine Media LKE 4 years ago
ASX ends 0.3% higher; utilities, gold miners shine

Summary The S&P/ASX200ended 60 points or 0.31% higher at 7,354. The index gained as much as 5% to hit an intraday high of 7,368. The tech sector declined 2.7%, led by BNPL players Afterpay and Zip Co. Australian shares closed...

Kalkine Media LKE 4 years ago
ASX off day's high on tech rout; BNPL stocks bleed

Summary The S&P/ASX200 traded higher by 20 points or 0.27% at 7,352 by the afternoon. The index opened flat and gained as much 0.5% to hit a high of 7,368. Barring tech, all sectoral indices were trading in green, led by utilities...

Kalkine Media LKE 4 years ago
ASX 200: How is the market expected to open on Wednesday?

Summary The ASX 200 is set to open on a flat note today, with local miners expected to support the market. The US CPI in June 2021 jumped 5.4% year over year, the largest jump since August 2008. Iron ore futures in Asia ticked up on T...

Kalkine Media LKE 4 years ago
It’s happy days ahead for lithium… for at least ‘three or four years’

Lithium’s future is bright. If this wasn’t clear before, here’s your reminder that it’s a good time to be in the lithium space. For starters, lithium companies made up more than 14% of Stockhead’s top 40 resource winners in June. And just a...

Stockhead LKE 4 years ago
Kairos Minerals generates ‘encouraging’ drill results from Caliburn gold prospect at Roe Hills project

Kairos Minerals (ASX: KAI) has unearthed “encouraging” drill results from a recent campaign at the Roe Hills project, with the program uncovering shallow gold mineralisation close to Silver Lake Resources’ (ASX: SLR) French Kiss operation....

SmallCaps LKE 4 years ago
High Voltage: Global lithium-ion battery gigafactories in pipeline hits eyewatering 4TWh

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

Stockhead LKE 4 years ago
ASX 200 to open on a strong note amid record closing highs on Wall Street

Summary The ASX 200 is set to open 1% higher as Wall Street indices close on record highs. In the currency market, the US dollar and Japanese Yen eased on Friday as investors favoured riskier currencies. The iron ore futures in China...

Kalkine Media LKE 4 years ago
ASX 200 to open higher, taking cues from Wall Street

Summary The ASX 200 is set to open 0.2% or 17 points higher as Wall Street closes in green. Gold prices rose above an important US$1,800 an ounce level as the US Treasury yields fell after minutes from the Fed’s June meeting. On Wedne...

Kalkine Media LKE 4 years ago
Lake Resources has drilling underway to support doubling future Kachi lithium production

The program aims to upgrade Kachi’s 4.4 million tonnes lithium carbonate total resource from measured and indicated resources to reserves for a definitive feasibility study and production expansion study.

Proactive Investors LKE 4 years ago
Lake Resources increases drilling at Kachi lithium project to underpin production expansion plans

Clean lithium developer Lake Resources (ASX: LKE) is increasing drill testing at its flagship Kachi lithium project in Argentina’s famed lithium triangle to support a planned doubling of future production. A four well, 1600 metre diamond dr...

SmallCaps LKE 4 years ago
Why the Lake Resources (ASX:LKE) share price is storming higher

The Lake Resources N.L. (ASX: LKE) share price is on the rise today following the company’s positive announcement. At the time of writing, the clean lithium developer’s shares are selling for 38 cents, up 2.7%. What did Lake Resources anno...

Motley Fool LKE 4 years ago
Lake’s drilling to support doubling of future lithium output at Kachi

A four hole diamond drilling program is now underway at Lake’s Kachi lithium brine project in Argentina to support Its plans to expand future production. The program seeks to achieve this production expansion to 50,000tpa lithium carbonate...

Stockhead LKE 4 years ago
ASX 200: Everything you need to know before the market opens

Summary Today, the ASX 200 is likely to open on a flat note after a mixed trading session on Wall Street. On Wednesday, market participants would focus on minutes from the US Fed's Federal Open Market Committee (FOMC) meeting. Crude o...

Kalkine Media LKE 4 years ago
Who Made the Gains? Here are June’s top 40 miners and explorers

What happened to the most talked about commodities in June? Star performer iron ore hit US$US220/tonne (again) late in the month to be up ~38% year-to-date. The benchmark lithium price in index was up another 2.9% month-on-month, according...

Stockhead LKE 4 years ago
Monger Gold brings WA eastern goldfield ambitions to the ASX

Torian Resources (ASX: TNR) is hoping to unlock the value of its Mt Monger and Gibraltar assets in Western Australia’s eastern goldfields by spinning off its Monger Gold (ASX: MMG) subsidiary into an ASX initial public offering (IPO). Monge...

SmallCaps LKE 4 years ago
Directors Trades: It’s a new financial year, so who’s hoping for better returns and who’s selling to pay a tax bill?

The change from one financial year to the next saw several ASX company directors sell to pay forthcoming tax bills but also purchases as directors betted on the future. Code Company Director Change Date Volume $ What LGL Ly...

Stockhead LKE 4 years ago
ASX ends marginally higher ahead of RBA’s policy decision; banks, miners weigh  

Summary The S&P/ASX200 ended 6.40 points higher at 7,315 ahead of the RBA policy decision due tomorrow. The index gained as much as 0.5% to hit an intraday high of 7,343.   Six of 11 sectors ended lower, while tech led the fall wi...

Kalkine Media LKE 4 years ago
ASX ends 0.6% higher; here’s what fuelled market rally

Summary The ASX 200 ended 43 points or 0.59% higher at 7308.60, led by gains in energy, telecom, and banks Barring tech and consumer staples, all sectors ended in green. Edutech firm IDP Education was the top gainer, while intellectua...

Kalkine Media LKE 4 years ago
ASX trims gains on COVID-19 worries; BlueBet zooms 84% on debut

Summary The ASX 200 was trading higher by 21.90 points or 0.30% at 7,287.50 by Friday afternoon. Barring tech, all sectors were trading in green, while energy was the top gainer. Gaming start-up BlueBet Holding made strong debut on th...

Kalkine Media LKE 4 years ago
The 100 best performing ASX stocks in FY21

In FY21 the ASX 200 returned over 20 per cent but the 100 best performing ASX stocks all gained over 390 per cent and made an average gain of 821 per cent. Stockhead has compiled a list (see below) of the 100 best performing ASX stocks base...

Stockhead LKE 4 years ago
ASX drops 0.4% as bank, miner stocks drag; Australian Rare Earths surges 90% on debut

Summary The S&P/ASX200 traded lower by 28.50 points or 0.39% at 7,284 by Thursday afternoon. The market sentiment was dented by curbs in various parts of Australia amid surging coronavirus cases of the Delta variant. Seven of the...

Kalkine Media LKE 4 years ago
These were the worst performing ASX 200 shares in June

It was another solid month for the S&P/ASX 200 Index (ASX: XJO) in June. Over the period the benchmark index recorded a gain of 2.1% to 7,313 points. Unfortunately, not all shares were able to follow the market’s lead. Here’s why these...

Motley Fool LKE 4 years ago
Resources Top 5: This popular lithium play has spiked 780pc in 2021

Canadian court approves Sayona’s ~$107 million acquisition of the mothballed North American Lithium (NAL) operation Geological modelling confirms multiple new gold, base metal and iron ore targets at Tempest’s ‘Euro’ project Rock phosphate...

Stockhead LKE 4 years ago
Explorers Podcast: Lake Resources YTD share price up 380% off the back of lithium demand spike and strong exploration news

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode, Barry chats with Steve Promnitz, Managing Director of Lake Resources NL (ASK:LKE). Lake Resources NL...

Stockhead LKE 4 years ago
Rising COVID-19 cases put ASX on the back foot. Will index dip further?

Summary The S&P/ASX200 dropped 57.90 points or 0.79% to 7,249 by Tuesday afternoon. The market witnessed broad-based selling as 10 of 11 sectors were flashing in red. The worsening COVID-19 situation in the country dented market s...

Kalkine Media LKE 4 years ago
ASX 200 is poised to open lower as Australia rushes to contain COVID-19 

Summary The ASX 200 is poised to open lower on Tuesday, as surging cases of local transmission of coronavirus cases disrupted investor sentiment. On Wall Street, tech stocks rallied to take the NASDAQ 100 to an all-time high. On Monda...

Kalkine Media LKE 4 years ago
ASX 200: How is the market expected to unfold today?

Summary Today, the ASX 200 is set to open higher, likely to be supported by gains in energy and mining shares. The yield of the benchmark 10-year US Treasury had risen above 1.50% on Friday. On Friday, crude oil prices rose for a fift...

Kalkine Media LKE 4 years ago
Oversubscribed IPO music to the ears of Mt Monger Resources as ASX listing calls

Mt Monger Resources Ltd has closed a heavily oversubscribed IPO – another significant box ticked as the highly anticipated gold explorer moves closer to ASX listing.  Mt Monger Resources (proposed ASX:MTM) expects to list in early-to-mid-J...

Stockhead LKE 4 years ago
Lithium is storming up the charts and here’s proof

If it wasn’t already clear that lithium in back in the limelight – and we don’t mean Britney Spears alleging that she was forced to take it as an antidepressant – the latest move by Pilbara Minerals (ASX:PLS) ought to emphasise it. The boar...

Stockhead LKE 4 years ago
ASX 200 follows US rally; bank, iron ore stocks lead

Summary The ASX 200 traded higher by 17.80 points or 0.24% at 7,293, led by gains in bank and miners’ stocks. Six out of 11 sectoral indices were flashing in green, while material gained the most. Mining firm Chalice Mining was the to...

Kalkine Media LKE 4 years ago
ASX 200: Will the market be able to rebound on Friday?

Summary Today, the ASX 200 is set to open 0.6% or 44 points higher this morning. Bitcoin continued to rebound from the lower levels, gaining for the third straight session. On Thursday, copper fell for the first time this week on the...

Kalkine Media LKE 4 years ago