Standard Lithium Ltd buy tbackenh
Start price
04.08.21
/
60%
€5.99
Target price
04.08.22
€12.00
Performance (%)
36.23%
End price
05.12.21
€8.16
Summary
This prediction ended on 05.12.21 with a price of €8.16. The BUY prediction by tbackenh for Standard Lithium Ltd saw massive gains of 36.23%. tbackenh has 60% into this predictionStandard Lithium is a publicly traded company listed on the Toronto Stock Exchange and NASDAQ that is focused on unlocking the value of lithium production from unconventional sources. The company's proprietary technology is designed to efficiently extract lithium from brine resources in the United States, including in Arkansas, through a joint venture with Lanxess Corporation. Standard Lithium aims to develop sustainable, low-cost lithium production to support the rapidly growing demand for lithium-ion batteries used in electric vehicles, renewable energy storage, and consumer electronics.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Standard Lithium Ltd | 16.019% | 16.019% | -54.849% |
| iShares Core DAX® | 4.015% | 2.971% | 16.492% |
| iShares Nasdaq 100 | 2.755% | 0.503% | 40.029% |
| iShares Nikkei 225® | -0.826% | -5.057% | 14.566% |
| iShares S&P 500 | 2.330% | 0.720% | 30.194% |
According to tbackenh what are the pros and cons of Standard Lithium Ltd for the foreseeable future?
Pros
Could be worthwhile Investment >10% per year
Future proof or reliable business model
Top 10 in its market
Cons
Higher risks for its business
Comments by tbackenh for this prediction
In the thread Standard Lithium Ltd diskutieren
Aufwärtsbewegung des Lithiumpreises durch die stärkere Nachfrage aus dem E-Automobilsektor. Nach einer Viertelung des Lithiumpreises hat sich der Preis bereits wieder verdoppelt. Unternehmen liegt in den USA, gute Perspektive.
Kursziel geändert auf 8,0
Kursziel geändert auf 5,0
Kursziel geändert auf 12,0