Sprott Lithium Miners ETF (LITP)
- Previous Close
8.58 - Open
8.60 - Bid 8.04 x 100
- Ask 9.26 x 100
- Day's Range
8.50 - 8.75 - 52 Week Range
6.11 - 14.29 - Volume
9,380 - Avg. Volume
12,749 - Net Assets 6.73M
- NAV 8.51
- PE Ratio (TTM) 4.13
- Yield 0.00%
- YTD Daily Total Return -31.91%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 0.65%
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.
Sprott
Fund Family
Natural Resources
Fund Category
6.73M
Net Assets
2023-02-01
Inception Date
Performance Overview: LITP
View MoreTrailing returns as of 10/15/2024. Category is Natural Resources.
People Also Watch
Holdings: LITP
View MoreTop 10 Holdings (71.22% of Total Assets)
Sector Weightings
Recent News: LITP
View More
Research Reports: LITP
View MoreRio Tinto to Acquire Arcadium Lithium for $5.85 per Share in All-Cash Deal
Arcadium Lithium is a pure-play lithium producer that was formed by the Allkem-Livent merger in January 2024. Now management has agreed to a deal for Arcadium to be acquired by Rio Tinto in an all-cash transaction that should close in 2025. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
RatingPrice TargetRaising target price to $57.00
CAMECO CORP has an Investment Rating of BUY; a target price of $57.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetRio Tinto Bids to Acquire Arcadium Lithium
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
RatingPrice TargetArcadium Lithium Earnings: Project Delays Should Keep Balance Sheet Strong Amid Lower Lithium Prices
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
RatingPrice Target