HI All,
Over the next few weeks I am doing some analysis with Lithium stocks including their performance over the last 18 months. In total there are 89 companies involved with some type of Lithium exposure. I have now created a watch list dated back to 01/06/2015 prices for Lithium Spodumene stocks. So far the list has 28 ASX listed stocks involved with Lithium Spodumene. I expect this to end up somewhere around 40 or so. The Spodumene watch lists as a group is up over 273% since 01/06/2015 which is no surprise given the price rise and demand for Lithium. Of the 28 companies on the list so far, 6 are in the red with the rest being in the green. What is surprising, the 6 in the red have had significant drops in their SP, from 25% drop and as high as 92% drop since the Lithium boom. As well as adding other ASX companies involved with Spodumene to the list, I will also create a watch list for other Lithium types that will include Mica & Brine. This list will also date back from 01/06/2015. The top 3 by highest percentage gain since 01/06/2015 are no: 1 is PSC with a rise of 1,333+% rising from 0.003 to close of Friday at 0.043c. To think this stock as been as high as 0.070c. No: 2 is AJM with a rise of just over 1,000%, rising from 0.012c to close of Friday being 0.135c. This stock too has been as high as 0.28c. Coming in at No:3 PLS with a rise over 920%, rising from 0.048c to 0.49c close of Friday. Like the other two, this stock as also been a lot higher, as high as 0.87c.
Snapshot of the above; Spodumene ASX listed companies have risen more then 273% since 01/06/2015. With the top 3 being;
No:1 PSC 1,333+ %
No:2 AJM 1,000+ %
No:3 PLS 920+ %
I will update the spodumene list over the next week and provide another update on its performance along with the other Lithium types Brine, Mica etc. This being said, the top 3 may change over the next week with other companies being added to the spodumene list.
I look forward to your comments and feedback,
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