Is Lepidico a good investment?

Is Lepidico a good investment?

If you are looking for stocks with good return, Lepidico Limited stock can be a profitable 1-year investment option. Lepidico Limited real time quote is equal to 0.0260 AUD at 2021-10-23, but your current investment may be devalued in the future.

Is Lepidico a buy?

Lepidico is not yet profitable and boasts A$4.0 million dollars on its balance sheet with no debt….Should I Buy Lepedico Shares: Fundamentals.

Market cap (intra-day) 73.82M
Price/sales (ttm) 18.08
Price/book (mrq) 1.33
Enterprise value/revenue 19.36

What is Lepidico?

Lepidico is a vertically integrated developer. It will mine ore containing lithium and other alkali metals and process them to deliver specialty and bulk chemicals. This ensures it captures all the value in the supply chain.

Who owns lithium Australia?

The company’s lithium assets at Olaroz are owned by Sales de Jujuy, an Argentine company, which Orocobre has a 66.5 percent stake. The remaining partners on the project are Toyota Tsusho Corporation, who owns 22.5 percent and Jujuy Energia, 8.5 percent.

Who is Australia’s largest lithium producer?

Tianqi Lithium: Headquartered in China with a market cap of $24.39bn, Tianqi Lithium is the world’s largest hard-rock lithium producer and holds resource and production assets across Australia, Chile, and China.

Which companies in Australia produce lithium?

Top 10 lithium stocks on the ASX

  • Mineral Resources.
  • Pilbara Minerals.
  • Orocobre Limited.
  • Wesfarmers.
  • Piedmont Lithium.
  • Vulcan Energy.
  • Liontown Resources.
  • Ioneer.

Who produces lithium in Australia?

Altura Mining operates the Altura Lithium Mine at Pilgangoora in the Pilbara region of Western Australia. The mine produces 220ktpa of spodumene concentrate, commencing production in 2018. It completed a definitive feasibility study on a stage 2 expansion to 440ktpa in 2019.

Who is the biggest lithium producer in Australia?

Initial development. Talison is a leading producer of lithium and one of the first mining companies to begin development in Australia, from its prized Greenbushes Lithium Operations, “Greenbushes was Australia’s first hard rock lithium mine”, with its first lithium plant being commissioned in 1985.

What are the best lithium shares to buy?

Tesla, Inc. (NASDAQ: TSLA), Johnson Controls International plc (NYSE: JCI), and NIO Inc. (NYSE: NIO) are some of the best lithium and phosphate stocks to buy now, in addition to QuantumScape Corporation (NYSE: QS).

Who is the largest supplier of lithium?

With an estimated 42,000 tonnes of lithium produced in 2019, Australia by far, remains the biggest supplier of lithium.

What kind of business does lepidico limited do?

Lepidico Limited engages in the exploration, development, and production of lithium chemicals. How has Lepidico’s share price performed over time and what events caused price changes?

Which is better, lepidico or the Australian market?

Earnings vs Market: LPD is forecast to become profitable over the next 3 years, which is considered above average market growth. High Growth Earnings: LPD’s is expected to become profitable in the next 3 years. Revenue vs Market: LPD’s revenue (55.1% per year) is forecast to grow faster than the Australian market (5.1% per year).

How is lepidico lithium a vertically integrated business?

Differentiated by its 100% owned clean-tech L-Max ® process technology that extracts lithium and recovers valuable by-products from less contested lithium-mica and phosphate minerals. Lepidico’s strategic objective is to become a vertically integrated business, from mine to production of battery grade lithium chemical.

What was the 52 Week low for lepidico?

On Friday, Lepidico Ltd (LPD:ASX) closed at 0.02, 185.71% above the 52 week low of 0.007 set on Nov 13, 2020. Data delayed at least 20 minutes, as of Aug 27 2021 07:10 BST.