Morgans rates ORE as Add (1) -
The company has reduced its projected production rate for the June half, with the issue being the profile of the lithium concentration in the evaporation ponds and not enough in the harvest ponds to feed the plant.
Morgans adjusts its model to account for the lower production rate. Target is reduced to $5.39 from $5.46. The broker believes the market's reaction to the reduced production rate is overdone and maintains an Add rating.
Target price is $5.39 Current Price is $3.05 Difference: $2.34
- Forums
- ASX - By Stock
- AKE
- Macquarie's assessment
Macquarie's assessment, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
SPONSORED BY The Market Online