4 popular ASX lithium shares going gangbusters on Tuesday

MotleyFool11-12

Four popular ASX lithium shares are having a cracking day on Tuesday with up to 11% share price gains. The star performers among the ASX lithium producers today are as follows: Latin Resources Ltd ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482123787?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-12 11:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2482123787","market":"us","top_or_hot":-1,"title":"4 popular ASX lithium shares going gangbusters on Tuesday","media":"MotleyFool","content":"<div>\n<p>Four popular ASX lithium shares are having a cracking day on Tuesday with up to 11% share price gains.  The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd ...</p>\n\n<a href=\"https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 popular ASX lithium shares going gangbusters on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 popular ASX lithium shares going gangbusters on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-12 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Four popular ASX lithium shares are having a cracking day on Tuesday with up to 11% share price gains.  The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd ...</p>\n\n<a href=\"https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0072463663.USD","symbol_name":"Blackrock Latin American A2 USD","start_time":0,"source_url":"https://www.fool.com.au/2024/11/12/4-popular-asx-lithium-shares-going-gangbusters-on-tuesday/","article_id":"2482123787","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482123787","pubTimestamp":1731382786,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Four popular ASXlithiumshares are having a cracking day on Tuesday with up to 11% share price gains.  The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd  shares are up 10.81% to 21 cents  Sayona Mining Ltd shares are up 6.45% to 3.3 cents  Liontown Resources Ltd shares are up 4.76% to 88 cents  Pilbara Minerals Ltd shares are up 4.22% to $3.09  We're also seeing modest gains for some other ASX lithium stocks today.  At the time of writing, Core Lithium Ltd shares are up 2% to 10 cents, and IGO Ltd is up 1.25% to $5.27. The Arcadium Lithium CDI  share price is also up 0.74% to $8.14.  These share price gains are even more impressive when you consider that the S&P/ASX All Ordinaries Index  is down 0.3% today.  What's driving these 4 ASX lithium shares higher?None of these four top-performing ASX lithium shares have official announcements in the market today.  Liontown's share price rise comes amid top broker Citi downgrading the stock to a sel","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0072463663.USD":"Blackrock Latin American A2 USD","PLS.AU":"PILBARA MINERALS LTD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LTM.AU":"Arcadium Lithium plc","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IGO.AU":"IGO LTD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0572108347.SGD":"Blackrock Latin American A2 SGD-H","BK4588":"碎股","BK7504":"锂钴概念","GRO":"Brazil Potash Corp.","LTR.AU":"LIONTOWN RESOURCES LTD","BK4545":"锂电池","LAC":"Lithium Americas Corp.","BK7036":"特种化学制品","XAO.AU":"标普/澳交所 普通股指数","BK7095":"多种金属与采矿","SYA.AU":"SAYONA MINING LTD","SQM":"智利矿业化工","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4096":"电气部件与设备","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BK4093":"化肥与农用药剂","LRS.AU":"LATIN RESOURCES LTD","CXO.AU":"CORE LITHIUM LTD","BK4548":"巴美列捷福持仓","BK7507":"资源股","BK4585":"ETF&股票定投概念","LU0823414478.USD":"法巴经典能源转换基金","LU1861214812.USD":"Blackrock Future of Transport A2 USD","BK4168":"多种金属与采矿","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","ALB":"美国雅保","BK4109":"特种化学制品","LU1548497426.USD":"安联环球人工智能AT Acc","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","BK7506":"金矿股","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1803068623.USD":"TEMPLETON GLOBAL CLIMATE CHANGE \"AH1\" (USDHDG) ACC"},"translate_title":"4只受欢迎的澳大利亚证券交易所锂股周二大涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALB":1,"LAC":1,"IGO.AU":1,"GRO":1,"CXO.AU":1,"LRS.AU":1,"LTM.AU":1,"LTR.AU":1,"PLS.AU":1,"SQM":1,"SYA.AU":1,"XAO.AU":1},"content_text":"Four popular ASX lithium shares are having a cracking day on Tuesday with up to 11% share price gains.  The star performers among the ASX lithium producers today are as follows:   Latin Resources Ltd (ASX: LRS) shares are up 10.81% to 21 cents  Sayona Mining Ltd (ASX: SYA) shares are up 6.45% to 3.3 cents  Liontown Resources Ltd (ASX: LTR) shares are up 4.76% to 88 cents  Pilbara Minerals Ltd (ASX: PLS) shares are up 4.22% to $3.09  We're also seeing modest gains for some other ASX lithium stocks today.  At the time of writing, Core Lithium Ltd (ASX: CXO) shares are up 2% to 10 cents, and IGO Ltd (ASX: IGO) is up 1.25% to $5.27. The Arcadium Lithium CDI (ASX: LTM) share price is also up 0.74% to $8.14.  These share price gains are even more impressive when you consider that the S&P/ASX All Ordinaries Index (ASX: XAO) is down 0.3% today.  What's driving these 4 ASX lithium shares higher?  Several US-listed lithium stocks rallied overnight, so this may be behind local moves northwards today.  Albemarle Corporation (NYSE: ALB) shares rose 9.57% to $110.49 per share overnight.  Sociedad Quimica y Minr de Chile SA (NYSE: SQM) rose 4.15% to $38.19.  US lithium small-cap share Lithium Americas Corp (NYSE: LAC) lifted 7.91% to $4.23.  My colleague James also surmises that today's buying may indicate that investors think these four ASX lithium shares have been oversold in recent months and are now rebounding.  Check this out:   Latin Resources shares are down 19% over the past six months and up 1% over the past month Sayona Mining shares are down 20% over the past six months and up 7% over the past month  Liontown shares are down 37% over the past six months and up 5% over the past month Pilbara Minerals shares are down 25% over the past six months and up 7% over the past month  China stimulus likely to benefit ASX lithium shares, says expert  As we recently reported, Janus Henderson's Darko Kuzmanovic thinks China's recent stimulus measures — and any more to come — are likely to benefit lithium shares more than iron ore and coal stocks.  He thinks ASX lithium shares \"look oversold\" amid a short-term global oversupply, and \"we're seeing a bottom as far as the commodity prices is concerned\". Kuzmanovic explained his views:  China is undertaking a shift away from urbanisation spend to higher-value manufacturing, which you can see in its battery manufacturing for electric vehicles and building its own superconductor chips – so it's deploying more innovation technology to its next phase of economic growth. The implications of that are bulk commodities like iron ore won't have the demand they've had in the past, but things like copper, nickel and other battery materials will have demand drivers going forward.  Is there any news from these 4 ASX stocks today?  None of these four top-performing ASX lithium shares have official announcements in the market today.  Liontown's share price rise comes amid top broker Citi downgrading the stock to a sell rating with a 12-month share price target of 75 cents. You can find out why here.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"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":"4.29.1","shortVersion":"4.29.1","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},"href":"/m/news/2482123787"}