Thursday, 18 May 2023

Lithium miner Albemarle’s stock at ‘attractive point’

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Lithium prices and battery production in China are transitioning to a "much higher floor" than previous cycles, supporting the analysts' view that lithium, a metal that is crucial to current battery technologies, will fetch higher prices in at least the medium term.


Analysts polled by FactSet expected adjusted earnings of $1.44 a share on sales of $441 million. Same-store sales fell 5.5%, Boot Barn said. The analysts surveyed by FactSet expected a drop in same-store sales around 2%.






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