other large miners reporting strong rebound in LiP & NP.
this bodes well for IGO Q3 report with higher prices and stable production.
MINRES reported-
" an improvement in lithium prices during the quarter, with 22,000 dmt shipments sold at $1,300 per tonne in March. Lithium prices took a hit during the early parts of the year due to a slowdown in demand for electric vehicles globally. They have started to rebound recently as its oversupply is seen as short term."
IGO SP is way way below market price imho.
Last time LiP NP were at these levels, IGO was trading at 12.50 ps !
other large miners reporting strong rebound in LiP & NP. this...
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Last
$7.86 |
Change
-0.080(1.01%) |
Mkt cap ! $5.952B | |||
| Open | High | Low | Value | Volume |
| $8.01 | $8.03 | $7.82 | $23.27M | 2.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4622 | $7.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.86 | 4589 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$7.83 |
Change
-0.080 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| $7.97 | $8.02 | $7.83 | 977902 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| IGO (ASX) Chart |