03:41:55 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Standard Lithium Ltd
Symbol SLI
Shares Issued 172,752,197
Close 2024-04-02 C$ 1.61
Market Cap C$ 278,131,037
Recent Sedar Documents

Globe says Standard Lithium maintained at "buy"

2024-04-03 08:23 ET - In the News

The Globe and Mail reports in its Wednesday, April 3, edition that Eight Capital analyst Puneet Singh thinks lithium prices finally appear to be "bouncing off a bottom after a lengthy slide." The Globe's David Leeder writes in the Eye On Equities column that Mr. Singh, in a research report released Tuesday titled Lithium: It's Always Darkest Before the Dawn, acknowledged investor sentiment and headlines "seem to only be negative," however, he emphasized electric vehicle sales remain robust "regardless of the narrative." With his expectation of supply cuts shifting the market back into a deficit as early as the second quarter of this year, Mr. Singh recalibrated his valuation multiple for Standard Lithium, which he rates "buy." He slashed his share target by $6 to $6. Analysts on average target the shares at $6.60. The Globe reported on Sept. 20 that Canaccord Genuity analyst Katie Lachapelle had reiterated her "speculative buy" rating for Standard Lithium. The shares could then be had for $4.26. The Globe reported on Feb. 16 that BMO Capital analyst Greg Jones started coverage on Standard Lithium with an "outperform" recommendation. The shares could then be had for $1.72.

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