SYA sayona mining limited

Weekly Review Li Stocks - 7th Mar 2025Here is the weekly review...

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    Weekly Review Li Stocks - 7th Mar 2025


    Here is the weekly review figures and charts that I do every week. It is useful only for those interested in trading or those who hold multiple shares and based on performance would like to keep re-balancing as we go. I do hold a number of Li stocks and like to trade. This is the reason I include a number of Li Stocks in my analysis.I also have performances of Li stocks for 2024 and 2023 - for those interested in looking at longer term view.


    Please note:
    This is no reflection of all AU Li stocks as I have only included those that I am interested. In my list are shares that I hold, held before or planning to buy in near future.Since this is my list, I may have missed some good stocks. The averages are simple averages and not weighted averages. So the average don't reflect AU Li average. This is just for my tracking and analysis. I have both ASX and US stocks in two separate figures.


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    Please note that all my analysis are from a trading perspective looking at short-term view.
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    This week I have not added any new stocks to list, so my list still contains 90 stocks.

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    Lithium Sector Overview -
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    And no respite yet for SYA, same thing I wrote last week. Yet another 52 week low on Tuesday. A small gain on the weekly, moved from 1.9 to 2 this week. Also reached 2.2 on Friday, showing some intent but getting no support from Li macro. Will be out of ASX 300 from 24th March, not sure what implications it may have. So another for long term holders.
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    Major price action indicators are mixed -
    • ALB - Loss of 2% for the week, moved from 77.03 to 75.51. Also made a new 52 week low at 67.23 this week. Recovered a bit though.
    • Ganfeng - Gain of around 0.7% for the week - Tianqi gained 1.5
    • PLS/LTR - PLS lost 5% but LTR lost 1% - new 52 week low for PLS at 179.5 on Friday
    • Spot Price - Down slightly for the week, I think around 0.2%
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    So what do these numbers say? Chinese Li stocks have held the price, and hopes. Ganfeng is roughly 50% up from its lows. Not many US and ASX Li stocks can claim that. So there is hope that US/ASX Li stocks catch up. But it was not to be this week, even though Ganfeng is doing green weeks in succession. But barring ALB, many other US Li stocks finished in green for the week. So there are signs of coming back. But if Chinese stocks falter, there could be more pain.
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    So what may happen next week? US and ASX Li stocks are still in the grip of going down, something I wrote last week as well. All hopes on Ganfeng and other Chinese Li crews. On Friday, US Li stocks had a moderate drop. General markets moderate gain. So a tentative start on Monday, and then wait for Chinese stocks to provide direction.
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    Here is the Figures for the Week:.
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    https://hotcopper.com.au/data/attachments/6861/6861797-4279fe53e2f6920d8928b4c52b405c80.jpg.
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    Figures for US Li stocks
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    https://hotcopper.com.au/data/attachments/6861/6861800-f4c6c4333ca16fd53bcd91b42faabb65.jpg
 
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Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $173.1M
Open High Low Value Volume
1.4¢ 1.6¢ 1.4¢ $692.7K 46.46M

Buyers (Bids)

No. Vol. Price($)
128 33979336 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 1696200 9
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
SYA (ASX) Chart
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