Mq has upgraded their lithium and rare earth price outlook to reflect further tightening in supply/demand fundamentals and strength in spot prices. Their regional lithium carbonate price forecasts rise +100% for CY22 and CY23, and spodumene price forecasts rising 30-50%. Their preference for Australia-based producers remains unchanged, with Pilbara Minerals being their key pick for its strong near-term production growth and Liontown Resources providing exposure to the longer-term price outlook. Mineral Resources remains one of their preferred stocks in the broader resources sector.
Macquarie upgraded lithium price
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |