LAKE RESOURCES NL(LKE.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

LKE.AU LAKE RESOURCES NL

Not Yet Opened 05-09 16:12:00 AEST

0.06

+0.00

+3.33%

High0.06	Low0.06	Vol3.30M
Open0.06	D1 Closing0.06	Amplitude5.00%
Mkt Cap102.87M	Tradable Cap98.70M	Total Shares1.66B
T/O198.93K	T/O Rate0.21%	Tradable Shares1.59B
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"LKE.AU","market":"AU","secType":"STK","nameCN":"LAKE RESOURCES NL","latestPrice":0.062,"timestamp":1715235120000,"preClose":0.06,"halted":0,"volume":3296109,"delay":0,"nameEN":"LAKE RESOURCES NL","floatShares":1591855624,"shares":1659268380,"eps":-0.050938,"marketStatus":"Not Yet Opened","change":0.002,"latestTime":"05-09 16:12:00 AEST","open":0.06,"high":0.062,"low":0.059,"amount":198930,"amplitude":0.05,"askPrice":0.062,"askSize":735645,"bidPrice":0.061,"bidSize":100000,"shortable":3,"etf":0,"ttmEps":-0.050938,"tradingStatus":0,"nextMarketStatus":{"tag":"Open","tradingStatus":0,"beginTime":1715299200000},"marketStatusCode":0,"adr":0,"exchange":"ASX","adjPreClose":0.06,"openAndCloseTimeList":[[1715212800000,1715234400000]],"volumeRatio":0.829607,"lotSize":1,"tradeCurrency":"AUD"},"requestUrl":"/m/hq/s/LKE.AU/wiki","defaultTab":"wiki","newsList":[{"id":"2433295189","title":"Why Pilbara Minerals shares are a buy for this lithium short seller","url":"https://stock-news.laohu8.com/highlight/detail?id=2433295189","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2433295189?lang=en_us&edition=fundamental","pubTime":"2024-05-07 10:39","pubTimestamp":1715049567,"startTime":"0","endTime":"0","summary":"Pilbara Minerals Ltd  shares are down 22% from their all-time high. Undeterred, one practised fund manager selects the heavily shorted company as the pick of the lithium crop.The Western Australian miner has come under intense pressure since November 2022. At the time, lithium carbonate was fetching around USD$85,000 per tonne. Fast forward 18 months, miners are now confronted with prices that are lucky to be one-fifth of those glory days.Short sellers have been banking on the lithium downfall to print returns. Not only is Pilbara Minerals among the most shorted ASX-listed companies, it is the most shorted…and has been for a long time now.Still, a fundie who is familiar with finding short targets believes Pilbara Minerals shares are being misplaced.Fenton is no stranger to making money by identifying overvalued equities. For 15 years, Fenton guided Tribeca's Alpha Plus fund, chasing S&P/ASX 200 Index  outperformance by implementing a mix of short selling and going long  listed Aussie c","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/07/why-pilbara-minerals-shares-are-a-buy-for-this-lithium-short-seller/","is_publish_highlight":false,"gpt_icon":0},{"id":"2433936465","title":"BRIEF-Lake Resources NL Signs Letter Of Intent With YPF Luz","url":"https://stock-news.laohu8.com/highlight/detail?id=2433936465","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2433936465?lang=en_us&edition=fundamental","pubTime":"2024-05-06 09:04","pubTimestamp":1714957450,"startTime":"0","endTime":"0","summary":"May 6  - Lake Resources NL   :   * SIGNS LETTER OF INTENT WITH ARGENTINE ENERGY INFRASTRUCTURE COMPANY YPF LUZ   * YPF LUZ WILL PERFORM FEED WORK FOR PROPOSED POWER DELIVERY SYSTEM AT KACHI PROJECT   * LOI FOR CONSTRUCTION OF HIGH VOLTAGE LINE BY YPF LUZ FOR POWER CAPACITY FOR KACHIFurther company coverage:    ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2430270297","title":"ASX lithium shares tumble as falling prices hit export values","url":"https://stock-news.laohu8.com/highlight/detail?id=2430270297","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2430270297?lang=en_us&edition=fundamental","pubTime":"2024-04-26 11:33","pubTimestamp":1714102435,"startTime":"0","endTime":"0","summary":"Falling lithium prices have not only sent ASX lithium shares spiralling but have also weighed down Australian export values over the past year, according to new data released today.The Australian Bureau of Statistics  said the Export Price Index fell 2.1% in the March 2024 quarter and 8.3% over the 12 months to 31 March.The ABS says weaker export prices for resources, particularly lithium, drove the overall decline.Non-rural exports fell 2.7% in the March quarter and 9.4% through the year. This included an overall 58.1% fall in the price for the 'crude fertilisers and minerals' category of exports.Within this category is lithium, which had \"unprecedented\" falls in price, according to the ABS report.Michelle Marquardt, ABS head of prices statistics, said:. Lithium prices fell this quarter, driven by excess global supply.This massive increase in output drove lithium prices down, with the carbonate price crashing by 80%.What did all this do to ASX lithium shares?Over this time period, ASX","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/26/asx-lithium-shares-tumble-as-falling-prices-hit-export-values/","is_publish_highlight":false,"gpt_icon":0},{"id":"2429603188","title":"Lake Resources (ASX:LKE) dips 13% this week as increasing losses might not be inspiring confidence among its investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2429603188","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2429603188?lang=en_us&edition=fundamental","pubTime":"2024-04-21 07:40","pubTimestamp":1713656417,"startTime":"0","endTime":"0","summary":"As every investor would know, you don't hit a homerun every time you swing. But it should be a priority to avoid stomach churning catastrophes, wherever possible. So we hope that those who held Lake Resources NL  during the last year don't lose the lesson, in addition to the 88% hit to the value of their shares. A loss like this is a stark reminder that portfolio diversification is important. To make matters worse, the returns over three years have also been really disappointing . Shareholders have had an even rougher run lately, with the share price down 46% in the last 90 days. While a drop like that is definitely a body blow, money isn't as important as health and happiness.Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.ASX:LKE Earnings and Revenue Growth April 20th 2024. But note: Lake Resources may not be the best stock to buy. So take a peek at this free list of interesting companies with past earning","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/8ou9h1aPnDmM7LIetWUw9Q--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/3eb1acfa01a97be66f224c62f2ff60fd","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/8ou9h1aPnDmM7LIetWUw9Q--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/3eb1acfa01a97be66f224c62f2ff60fd"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lake-resources-asx-lke-dips-234017354.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2428542072","title":"Buy Hold Sell: Strong demand to power future-facing commodities (and 4 stocks to ride the wave)","url":"https://stock-news.laohu8.com/highlight/detail?id=2428542072","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2428542072?lang=en_us&edition=fundamental","pubTime":"2024-04-19 04:30","pubTimestamp":1713472215,"startTime":"0","endTime":"0","summary":"As the name would suggest, future-facing commodities are those that will carry humanity forward as we take on the momentous task of decarbonising the world.These are the commodities that are essential to the energy transition, including lithium, nickel, cobalt, manganese, graphite and copper.Much of the demand for these commodities is expected to be driven by the uptake of electric vehicles over the next two decades, with governments around the world - including Europe, China, the US and Australia - providing incentives for people to \"go electric.\". We have already seen spikes in demand  for many of these commodities. And while the journey will likely remain volatile, on the whole, the wind only seems to be blowing one way, after all:. Most analysts predict that global demand for lithium will double or even triple by 2030, according to Deloitte.Cobalt consumption over the last decade has tripled globally due to rising demand for electronics and EVs, and this demand is set to double aga","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/buy-hold-sell-strong-demand-to-power-future-facing-commodities-and-4-stocks-to-ride-the-wave","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/buy-hold-sell-strong-demand-to-power-future-facing-commodities-and-4-stocks-to-ride-the-wave","is_publish_highlight":false,"gpt_icon":0},{"id":"2427028068","title":"ASX 200 dips on rates concerns, Middle East tensions, but silver lining for metals and energy stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2427028068","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2427028068?lang=en_us&edition=fundamental","pubTime":"2024-04-15 16:00","pubTimestamp":1713168012,"startTime":"0","endTime":"0","summary":"The S&P/ASX 200  finished 35.6 points lower at 7,752.5, 0.47% from its session high and just 0.22% from its low. In the broader-based S&P/ASX 300 , advancers lagged decliners by a whopping 59 to 227. Yuk!As you can see there weren't many stocks which did well today, but if they did, there's a good chance they were constituents of either the Resources   or Energy   sectors.Base metals prices rose sharply  on Friday on the London Metals Exchange, and crude oil prices, whilst subdued after latest Middle East action, are still trending nicely higher.Candles such as these are notorious blow off top candles, that is, they often punctuate a major market high. The probability of a candle like Friday's actually being an enduring blow off top is usually heightened by it also having a long daily range , and if it's also accompanied by significant","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/asx-200-dips-on-rates-concerns-middle-east-tensions-but-silver-lining-for-metals-and-energy-stocks","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/asx-200-dips-on-rates-concerns-middle-east-tensions-but-silver-lining-for-metals-and-energy-stocks","is_publish_highlight":false,"gpt_icon":0},{"id":"2422683180","title":"Why Beach Energy, Elders, Lake Resources, and Premier Investments are rising today","url":"https://stock-news.laohu8.com/highlight/detail?id=2422683180","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2422683180?lang=en_us&edition=fundamental","pubTime":"2024-03-26 09:49","pubTimestamp":1711417774,"startTime":"0","endTime":"0","summary":"TheS&P/ASX 200 Index is fighting hard to get into positive territory but has fallen just short. In afternoon trade, the benchmark index is down slightly to 7,808.1 points.Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:. The Beach Energy share price is up over 5% to $1.83. This appears to have been driven by a broker note out of Morgans this morning. According to the note, its analysts have upgraded the energy producer's shares to an add rating with an improved price target of $2.15.The Premier Investments share price is up 2.5% to $31.40. This follows the release of the retail giant's half-year results this morning. Premier Investments reported a 2.8% decline in sales to $879.5 million and a 0.9% reduction in profit before tax to $241.8 million. The latter was ahead of the market's expectations. The company also announced plans to demerge its Smiggle and Peter Alexander businesses in 2025.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/26/why-beach-energy-elders-lake-resources-and-premier-investments-are-rising-today/","is_publish_highlight":false,"gpt_icon":0},{"id":"2422938506","title":"Lake Resources share price surges on sustainable lithium news","url":"https://stock-news.laohu8.com/highlight/detail?id=2422938506","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2422938506?lang=en_us&edition=fundamental","pubTime":"2024-03-26 07:42","pubTimestamp":1711410157,"startTime":"0","endTime":"0","summary":"The Lake Resources (ASX: LKE) share price is charging ahead today. Shares in lithium stock closed yesterday trading for 6.6 cents. In morning trade on Tuesday, shares are swapping hands for 6.7 cents ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/26/lake-resources-share-price-surges-on-sustainable-lithium-news/","is_publish_highlight":false,"gpt_icon":0},{"id":"2422950552","title":"LAKE RESOURCES ANNOUNCES THE SUBMISSION OF ITS PRODUCTION ENVIRONMENTAL IMPACT ASSESSMENT FOR PHASE ONE OF THE KACHI PROJECT","url":"https://stock-news.laohu8.com/highlight/detail?id=2422950552","media":"PR Newswire","top":-1,"share":"https://ttm.financial/m/news/2422950552?lang=en_us&edition=fundamental","pubTime":"2024-03-26 07:19","pubTimestamp":1711408740,"startTime":"0","endTime":"0","summary":"Submission of the Production EIA to Catamarca Mining Authority marks an important milestone for Kachi and represents the culmination of extensive field work and community engagement completed over the past three years.The development plan for Kachi is designed to minimize the consumption of fresh water and maintains the hydrogeologic system as close to baseline conditions as possible.The innovative Project development plan consumes less than 2.5 percent of the average annual natural groundwater replenishment to the basin , highlighting Kachi's exceptionally small water footprint.The Project will provide significant economic and social benefits to Catamarca Province.SYDNEY, March 26, 2024 /PRNewswire/ -- Clean lithium developer Lake Resources N.L.  , is pleased to report the submission of the Production Environmental Impact Assessment  for its flagship Kachi Project  to the Catamarca Ministry of Mining in Catamarca Province, Argentina. Lake's innovative and sustainable Project developme","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/gcsaBi969JMc21C1od1NTg--~B/aD04OTt3PTIwNDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/18cdfffd06e25ec663debb6f347091b1","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gcsaBi969JMc21C1od1NTg--~B/aD04OTt3PTIwNDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/18cdfffd06e25ec663debb6f347091b1"],"rights":{"source":"yahoofinance_au","url":"https://finance.yahoo.com/news/lake-resources-announces-submission-production-231900358.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lake-resources-announces-submission-production-231900358.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2422570492","title":"ASX Today: Stocks Hot Copper users are watching pre-market on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2422570492","media":"The Market Herald","top":-1,"share":"https://ttm.financial/m/news/2422570492?lang=en_us&edition=fundamental","pubTime":"2024-03-26 06:37","pubTimestamp":1711406220,"startTime":"0","endTime":"0","summary":"Mineral Resources  has updated on the Lockyer-5 gas well.The Kingia Sandstone target downhole the Perth Basin asset was successfully hit at 4.2km depth.Wireline logs revealed 27m of net gas pay with porosity of 18%.The company has confirmed it meets all specifications for use as a human IV drug.Rincon Resources  has issued its own exploration update.Lake Resources  has updated the market on its paperwork obligations.The company has suspended operations at Capricorn Copper.Tropical cyclones have caused a lot of water damage.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-today-stocks-hot-copper-users-are-watching-pre-market-on-tuesday-2024-03-26/","is_publish_highlight":false,"gpt_icon":0},{"id":"2421831558","title":"3 ASX shares sinking to 52-week lows today","url":"https://stock-news.laohu8.com/highlight/detail?id=2421831558","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2421831558?lang=en_us&edition=fundamental","pubTime":"2024-03-22 12:05","pubTimestamp":1711080305,"startTime":"0","endTime":"0","summary":"The Australian share market may be trading close to a record high but the same cannot be said for all ASX shares. For example, much to the dismay of their shareholders, the three ASX shares listed bel","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/22/3-asx-shares-sinking-to-52-week-lows-today/","is_publish_highlight":false,"gpt_icon":0},{"id":"2419355962","title":"Why is the Lake Resources share price sinking again and down 47% since 1 March?","url":"https://stock-news.laohu8.com/highlight/detail?id=2419355962","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2419355962?lang=en_us&edition=fundamental","pubTime":"2024-03-15 09:23","pubTimestamp":1710465784,"startTime":"0","endTime":"0","summary":"The Lake Resources N.L.  share price is having another day to forget. At the time of writing, the lithium developer's shares are down 14% to a new multi-year low of 7.2 cents. This means that its shares are down 47% since the close of play on 1 March. Why is the Lake Resources share price sinking?Today's decline has been driven by a selloff in the lithium industry, which has seen most ASX lithium shares sink deep into the red today. Here's a quick summary of some of the declines:  Core Lithium Ltd  shares have dropped 4% Liontown Resources Ltd  shares are down 7% Pilbara Minerals Ltd  shares have tumbled 5% Sayona Mining Ltd  shares are down 4.5%  This follows declines on Wall Street for lithium miners in response to a hotter than expected inflation reading, which reduced the chances of a rate hike in the near term. Investors may believe that electric vehicle demand will remain subdued until rates ease. What else is weighing on its shares?","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/15/why-is-the-lake-resources-share-price-sinking-again-and-down-47-since-1-march/","is_publish_highlight":false,"gpt_icon":0},{"id":"2418326501","title":"Why BHP, Brainchip, Lake Resources, and Yancoal shares are sinking today","url":"https://stock-news.laohu8.com/highlight/detail?id=2418326501","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2418326501?lang=en_us&edition=fundamental","pubTime":"2024-03-12 10:26","pubTimestamp":1710210408,"startTime":"0","endTime":"0","summary":"TheS&P/ASX 200 Index(ASX: XJO) is fighting back from yesterday's selloff and is on course to record a small gain. In afternoon trade, the benchmark index is up 0.15% to 7,715.7 points. Four ASX shares","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/12/why-bhp-brainchip-lake-resources-and-yancoal-shares-are-sinking-today/","is_publish_highlight":false,"gpt_icon":0},{"id":"2418427833","title":"BUZZ-Australia's Alumina jumps after agreeing to $2.2 bln all-stock buyout offer","url":"https://stock-news.laohu8.com/highlight/detail?id=2418427833","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2418427833?lang=en_us&edition=fundamental","pubTime":"2024-03-12 09:24","pubTimestamp":1710206661,"startTime":"0","endTime":"0","summary":"** Shares of Alumina Ltd    up 9.6% at A$1.288, their highest since Aug 22, 2023   ** AWC says it has agreed to the all-stock buyout offer from U.S. aluminium producer Alcoa    for a $2.2 billion    ** Terms of the deal are consistent with Alcoa's offer announced on Feb. 26, and offers a 13% premium to Alumina's last closing price on Feb. 23   ** Co board recommended that shareholders vote in favour of the deal, in the absence of a superior proposal   ** Stock up ~30% YTD as of last close ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2418415043","title":"BUZZ-Australia's Lake Resources NL loses most in 9 months on discounted placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2418415043","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2418415043?lang=en_us&edition=fundamental","pubTime":"2024-03-12 08:41","pubTimestamp":1710204101,"startTime":"0","endTime":"0","summary":"** Shares of Australia's Lake Resources NL    fall as much as 24.4% to A$0.087, their biggest intraday fall since June 2023   ** Stock at its lowest level since Feb. 6   ** The lithium developer receives firm commitments in institutional placement to raise A$15 mln  at issue price of A$0.07 per share   ** Issue price represents a discount of 39.1% to stock's last closing   ** Issue of 213.6 mln shares represent ~0.2% of co's free float of 1.18 bln shares - LSEG data   ** Stock down 11.5% YTD as of last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2418102713","title":"Why are Lake Resources shares crashing 20% on Tuesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2418102713","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2418102713?lang=en_us&edition=fundamental","pubTime":"2024-03-12 07:08","pubTimestamp":1710198516,"startTime":"0","endTime":"0","summary":"Lake Resources N.L.  shares have returned from their trading halt and crashed deep into the red.In morning trade, the lithium developer's shares are down 20% to 9.2 cents.Investors have been selling the company's shares this morning after it announced the completion of an institutional placement.According to the release, the company has received firm commitments to raise $15 million at 7 cents per new share. This represents a whopping 39.1% discount to where Lake Resources shares last traded.Management advised that the placement received strong support from offshore and domestic institutional and sophisticated investors, leading to the introduction of new high-quality investors to its register.The company will now seek to raise a further $5 million from retail investors through a share purchase plan  at the same offer price.We are pleased with the level of support shown for Lake from both existing and new shareholders. The equity raising will provide funding capacity to support the del","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/12/why-are-lake-resources-shares-crashing-20-on-tuesday/","is_publish_highlight":false,"gpt_icon":0},{"id":"2418310679","title":"BRIEF-Lake Resources NL Says Received Commitments In Institutional Placement To Raise A$15 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2418310679","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2418310679?lang=en_us&edition=fundamental","pubTime":"2024-03-12 07:02","pubTimestamp":1710198168,"startTime":"0","endTime":"0","summary":"March 12 (Reuters) - Lake Resources NL   :   * RECEIVED FIRM COMMITMENTS IN INSTITUTIONAL PLACEMENT TO RAISE A$15 MILLION AT A$0.07 PER SHARE   * SHARE PURCHASE PLAN TO RAISE UP TO A$5 MILLION AT SAME PRICE AS PLACEMENTFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2418317443","title":"Lake Resources (ASX:LKE) raises $20M to advance Kachi Project","url":"https://stock-news.laohu8.com/highlight/detail?id=2418317443","media":"Grafa","top":-1,"share":"https://ttm.financial/m/news/2418317443?lang=en_us&edition=fundamental","pubTime":"2024-03-12 06:53","pubTimestamp":1710197583,"startTime":"0","endTime":"0","summary":"Lake Resources secured firm commitments for a $15 million equity raise via institutional placement, supplemented by a share purchase plan targeting an additional $5 million.The move aims to fortify the company's finances, generate approximately $20 million in gross proceeds for working capital, and support the strategic partnership process for the Kachi Project.The equity raise, priced at 7 cents per new share, offers a substantial discount to recent trading prices, aligning with cost-saving measures.","market":"us","thumbnail":"https://images.grafa.com/grafa/media-195186-638457943804420317.jpg","type":0,"news_type":0,"thumbnails":["https://images.grafa.com/grafa/media-195186-638457943804420317.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://grafa.com/news/lake-resources--asx-lke--raises--20m-to-advance-kachi-project-195186","is_publish_highlight":false,"gpt_icon":0},{"id":"2418373184","title":"Lake Resources pursues swift $20 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2418373184","media":"ShareCafe","top":-1,"share":"https://ttm.financial/m/news/2418373184?lang=en_us&edition=fundamental","pubTime":"2024-03-12 06:43","pubTimestamp":1710196983,"startTime":"0","endTime":"0","summary":"Lake Resources (ASX:LKE) is seeking a rapid $20 million infusion just a week after announcing a second round of cost reductions to safeguard its prized Kachi lithium project in Argentina.","market":"sg","thumbnail":"https://informed-investor.s3.ap-southeast-2.amazonaws.com/images/News/5b0deee8cc994a150f031e49f9cf1f7d30b3a8f2.jpg","type":0,"news_type":0,"thumbnails":["https://informed-investor.s3.ap-southeast-2.amazonaws.com/images/News/5b0deee8cc994a150f031e49f9cf1f7d30b3a8f2.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.sharecafe.com.au/2024/03/12/lake-resources-pursues-swift-20-million/","is_publish_highlight":false,"gpt_icon":0},{"id":"2417729553","title":"Why are Lake Resources shares in a trading halt?","url":"https://stock-news.laohu8.com/highlight/detail?id=2417729553","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2417729553?lang=en_us&edition=fundamental","pubTime":"2024-03-08 08:47","pubTimestamp":1709858845,"startTime":"0","endTime":"0","summary":"The Australian share market is pushing higher again on Friday, but the same cannot be said for Lake Resources N.L.  shares. The lithium developer's shares are out of action today after the company requested a trading halt before the market open. Why are Lake Resources shares in a trading halt?","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/03/08/why-are-lake-resources-shares-in-a-trading-halt/","is_publish_highlight":false,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.lakeresources.com.au","stockEarnings":[{"period":"1week","weight":0.069},{"period":"1month","weight":-0.0159},{"period":"3month","weight":-0.3404},{"period":"6month","weight":-0.6353},{"period":"1year","weight":-0.8784},{"period":"ytd","weight":-0.5231}],"compareEarnings":[{"period":"1week","weight":0.0193},{"period":"1month","weight":0.0493},{"period":"3month","weight":0.083},{"period":"6month","weight":0.1306},{"period":"1year","weight":0.1396},{"period":"ytd","weight":0.1102}],"compareStock":{"symbol":"F100.AU","name":"BETASHARES FTSE 100 ETF"},"description":"Lake Resources N.L. explores for and develops lithium projects in Argentina. It holds interests in the Kachi lithium brine project covering an area of approximately 70,000 hectares located in Catamarca province, Argentina; and the Olaroz/Cauchari and Paso lithium brine projects that covers approximately 45,000 hectares in Jujuy province, Argentina. Its projects also include the Catamarca pegmatite project in Catamarca province, Argentina; and the Chagai copper-gold project in Pakistan. The company was founded in 1997 and is based in Sydney, Australia.","yearOnYearQuotes":[{"month":1,"riseRate":0.47619,"avgChangeRate":0.056814},{"month":2,"riseRate":0.142857,"avgChangeRate":-0.068982},{"month":3,"riseRate":0.3,"avgChangeRate":-0.011872},{"month":4,"riseRate":0.272727,"avgChangeRate":0.314239},{"month":5,"riseRate":0.272727,"avgChangeRate":-0.057913},{"month":6,"riseRate":0.470588,"avgChangeRate":0.063662},{"month":7,"riseRate":0.5,"avgChangeRate":0.083622},{"month":8,"riseRate":0.409091,"avgChangeRate":0.042144},{"month":9,"riseRate":0.428571,"avgChangeRate":0.03043},{"month":10,"riseRate":0.428571,"avgChangeRate":0.038142},{"month":11,"riseRate":0.263158,"avgChangeRate":-0.053978},{"month":12,"riseRate":0.470588,"avgChangeRate":0.216978}],"exchange":"ASX","name":"LAKE RESOURCES NL","nameEN":"LAKE RESOURCES NL"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"LAKE RESOURCES NL(LKE.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest LAKE RESOURCES NL(LKE.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"LAKE RESOURCES NL,LKE.AU,LAKE RESOURCES NL股票,LAKE RESOURCES NL股票老虎,LAKE RESOURCES NL股票老虎国际,LAKE RESOURCES NL行情,LAKE RESOURCES NL股票行情,LAKE RESOURCES NL股价,LAKE RESOURCES NL股市,LAKE RESOURCES NL股票价格,LAKE RESOURCES NL股票交易,LAKE RESOURCES NL股票购买,LAKE RESOURCES NL股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"LAKE RESOURCES NL(LKE.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest LAKE RESOURCES NL(LKE.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction