Starting with the RSI, this stock fluctuates in between 50 and 70, and ATM is at 61.15. If COVID-19 continues it’s rampage on the world we might see the local government in Argentina cancelling any concurrent operations. Neo Lithium Corp. (OTCQX: NTTHF) (TSX-V: NLC) is also listed on the TSX Venture Exchange under the ticker (TSX-V: NLC). We aim to become one of the most sustainable lithium producers in the market by designing energy efficient facilities, minimizing carbon footprint in our operation, minimizing freshwater consumption, and promoting a sustainable future for the community and the industry. The 3Q Project is located in the Catamarca Province, the largest lithium producing area in Argentina covering approximately 35,000 ha including a salar complex of approximately 16,000 ha. What impact does the current GME short squeeze affect the business and what actions should the heads take? Neo Lithium has THE BEST asset on many metrics investors care about: 1 – Neo Lithium’s TRES QUEBRADAS (TQ) asset is the single largest undeveloped lithium brine project on the planet (7 th overall) Hard rock spodumene lithium assets are going bankrupt. Should I liquidate to go into something I think is going to blow up? The first main risk with this play is the construction permit getting blocked. How Safe Is Your Stock Portfolio Over 30 Years, Actually? View real-time stock prices and stock quotes for a full financial overview. INDUSTRY. We also have to take into account that COVID-19 procedures in Toronto may cause delays in decision making/administrative related-decisions. Is it worth it to sell my only $TSLA to buy ~13 $GME? Amerco: U-Haul Is Beneficiary Of Mass Migration Out Of Large Cities, Netflix Will Soon Meet The Law Of Diminishing Returns, 28 Undervalued European Stocks Set to Beat Pre-Covid Earnings in 2021 – Barron’s, 28 Undervalued European Stocks Set to Beat Pre-Covid Earnings in 2021, Lumentum – Some Thoughts After The Coherent Deal, 126 January U.S. Stock Dividend Growers Raise 25 Super Dogs. Other companies already operate in this area and have been for quite a while, so the odds of this happening are quite slim. Continuing on, you will be able to absolutely load up with shares on this company and by the time summer of 2021 comes around, you should be able to realize a large gain. Also mentioned above, NLC owns 100% of the massive area where they operate, so it’s almost safe to say that FMC Corp will not be a huge risk in terms of generating profit, Risk #3 – Switch from Lithium batteries to some other variant. Moving on to the candlestick chart w/ moving averages. This is my first post here, and I’m going to be explaining some DD on Neo Lithium Corp. You can read for yourself some of the information I have here. Find the best Lithium Stocks to buy. I really do not see this happening, but I’m just including it juuuuust in case. Please refrain from making fun of my positions, lol. TSX Venture companies that are outperforming the market. The best thing about this is that the price currently is dirt cheap. CPE News (9/14/2020) – Neo Lithium Corp. (TSX-V: NLC; OTCQX: NTTHF; FSE: NE2) has entered into an equity subscription agreement with a subsidiary of Contemporary Amperex Technology (SZSE: 300750) (CATL), pursuant to which CATL will subscribe for 10,217,502 common shares of Neo Lithium at a price of CDN $0.84 per share for gross proceeds to Neo Lithium … $3.18. ADD TO WATCHLIST. It operates its business in the countries like Canada and Argentina, however the mist of the revenue generated from Canada. The indicator shows lots of people selling, but the number of which dropping each week, which to me is bullish. Neo Lithium Corp is engaged in the business of exploration operations. Well, this is the end of my DD. Neo Lithium Corp. (TSX-V: NLC) (OTCQX: NTTHF) (FSE: NE2) announced the submission of the Environmental Impact Assessment (“EIA”) for its wholly-owned Tres Quebradas lithium … TA TL;DR: Technical Analysis of this security is showing a bullish trend in the coming weeks. This is simply DD. submitted by /u/haydenz23 [link][comments]. Recently, they secured an ~$8.6M deal with CATL, a massive Chinese lithium battery manufacturer, where 10.2M shares were sold to CATL. View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. Once this permit is granted, the company will be fully operational and start generating revenue. NLC is a lithium/lithium carbonate mining company headquartered in Toronto, and operating in Argentina. Neo Lithium Corp. (NLC.V) has a P/B Ratio of 6.26. Why isn’t Pfizer stock huge from them making the vaccine? Please note that this play will take anywhere from a few months to a year to actually make you some money, however if they are successful in operations then holding longer will prove more profitable. View real-time stock prices and stock quotes for a full financial overview. This is a decent rating as it indicates the security is neither underbought/overbought. A solid technical team with enough cash in the bank to get to deliver the FS. As seen in many other securities, the 50 day Moving Average acts as a support line, and you can see for yourself how it bounces after it comes close/touches the support line. Obviously, COVID-19 is a serious risk to tons of businesses this year. 3Q is the second highest grade project worldwide that is not in production. A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. Why wouldn’t GME, BB, etc. REAL TIME PRICE. Neo Lithium’s 3Q Project is the pre-eminent lithium brine asset in the world to meet this demand. Lithium (from Greek: λίθος, translit. I would like to say that while I would love to buy more shares, I’m a semi-broke college student with not a lot of money to invest, so I’m doing the best I can. There are 2 reasons that I believe would be the cause of the permit being denied, This is a risk that occurs in any industry. Market Insider works with public RSS feeds of best business news websites, personal blogs and provides automatically generated list of financial news links directly referring to its sources. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? Why would you sell covered calls on a highly volatile stock that you want to hold long term? SEE … I highly, highly doubt this is going to happen in the next 2-3 years, so its a very small risk. 2,287,212. 'stone') is a chemical element with symbol Li and atomic number 3. Cathie Woods’ Bitcoin Comments and Stock Picks, Cathie Woods’ Top 5 Small-Cap Stock Picks. Approximately 27% of the worlds Lithium supply is mined out from this region, and 12% of which is located in Argentina, where Neo Lithium Corp is operating. If it does happen, its not good news for NLC. Now, into the good stuff. They are planning to operate in the Lithium Triangle, a region in Argentina/Chile/Bolivia LOADED with Lithium. There is no definitive date where this permit will be granted, however I expect it to happen before Q3 of 2021. Its principal business activities are the exploration and development of resource properties. start issuing new shares if the price goes way up? I’m going to include my share of TA so that you guys can get an idea of how the stock is performing, however it’s definitely best if anyone interested conducts further TA. 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Portofino Resources Revisits Its Lithium Past, but Primary Focus Remains on Canadian Gold Projects, Neo Lithium Announces C$30,195,000 Bought Deal Private Placement Financing. What is this stock worth in intrinsic value? The candlesticks are currently showing a bullish uptrend above the support line but looking at how the stock has performed in the last 6 months I think it will continue to bounce, which is inline with what the MACD indicator is showing. They are planning to operate in the Lithium Triangle, a region in Argentina/Chile/Bolivia LOADED with Lithium. David Einhorn Warns Of Danger From Valuation-Indifferent Investors. Advanced lithium brine project at PFS project and working towards Feasibility Study. Sumitomo Corp to stop investing in new oil development projects-Nikkei, Pfizer, BioNTech Reach Deal With COVAX For Up To 40 Mln Doses Of COVID-19 Vaccine – Nasdaq. Yes, I know, the market cap is quite small compared to other big industrial companies, however this company is fresh and is showing great upside potential. Price to Book Value per Share Ratio. Neo Lithium Corp. [NLC-TSXV; NTTHF-OTC] has announced a $30.2 million bought deal financing that will be used to fund development of its 100%-owned Tres Quebradas (3Q) Project in Argentina. Approximately 9% of outstanding shares are owned by company insiders, 40% belonging to institutional ownership, and the remaining 51% being publicly owned. © Copyright 2021 The Globe and Mail Inc. All rights reserved. Risk #1: Construction Permit Not Granted. Neo Lithium Corp is engaged in the business of exploration operations. Toronto based Neo Lithium Corp. is rapidly advancing its 100% owned 3Q Project – a unique high-grade lithium brine lake and salar complex in Latin America’s “Lithium Triangle”. All of the $ values in this post will be in CAD – Canadian Dollars. Looking at the MACD indicator, as I’m writing this the EMA’s are bottoming out after a bearish 2 weeks. I believe they have little debt, but it would be foolish to assume that they are completely debt-free, however, they are in a great position cash-wise. Approximately 27% of the worlds Lithium supply is mined out from this region, and 12% of which is located in Argentina, where Neo Lithium Corp is operating. As this happens, news will come out and with that, attract investors to this company. This could mean a delay in getting the construction permit, and if granted, a pause in the construction process. Thoughts on flowalgo vs cheddar vs blackboxstocks or any other, Money Supply Is Up 26%, Inflation Coming? They are focused on delivering lithium carbonate into the market. Fastest platform to verify account and buy stock, VistaGen: Patience Could Lead To Significant Upside, Bullish on stocks taking a temporary hit from COVID, Avoid short-term capital gains tax on short-term trades with a Roth IRA or traditional IRA account, The Week In Crypto – January 17th To January 23rd. This link is the link to the stockcharts.com graph of NLC. Please feel free to comment your thoughts, ask questions, or call something out I may have missed/overlooked. Price movement based on the high, low and last over the given period. Neo Lithium Corp () Stock Market info Recommendations: Buy or sell Neo Lithium stock? Neo Lithium Corp. SECTOR. For subscribers only. Its project includes the 3Q project. Anyone hear of EXp World Holdings ($EXPI). Currently, NLC is priced at $1.56 / share (@close December 27th) with a market capitalization of ~$187M. NLC | Complete Neo Lithium Corp. stock news by MarketWatch. - CNW Group - CND - Wed Jan 20, 3:24PM CST, /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/, To view this site properly, enable cookies in your browser. They are planning to operate in the Lithium Triangle, a region in Argentina/Chile/Bolivia LOADED with Lithium. The P/E ratio of Neo Lithium Corp. (NLC.V) is -144.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. It includes the RSI, MA (50/200), and the MACD chart. They are traded on the TSX, under the ticker symbol NLC.V. I expect to see a nice, bullish 1-2 weeks coming. Yes, I know, stocks that are priced this low are quite volatile and risky, however, it is up to you and your personal risk tolerance to decide if this play is right for you. Neo Lithium Improves Quality of Battery Grade Lithium Carbonate to 99.797% Purity at its Pilot Plant 20 hours ago TSX Venture Exchange Stock Maintenance Bulletins All market data (will open in new tab) is provided by Barchart Solutions. It is a soft, silvery-white alkali metal. Neo Lithium is rapidly advancing its 100% owned 3Q Project - a unique high-grade lithium brine lake and salar complex in Latin America's "Lithium Triangle". Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs & funds, bonds & rates and much more. Basic Materials. Its principal business activities are the exploration and development of resource properties. Lol…Paying for Pateron and No Day Trades or Swings with Stock Moe? The 3Q mine is touted as being the lowest critical impurity brine project in the world. Real-time discussion about Neo Lithium Corp. (NLC.V) on CEO.CA, an investment chat community for Canada's small cap markets ADVERTISEMENT. We do not create or publish our own content or copy full articles from other sites. Adequate balance sheet with weak fundamentals. lithos, lit. This would be absolutely detrimental to the company as the future of NLC is entirely dependent on this permit being granted. Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. They are traded on the TSX, under the ticker symbol NLC.V. Neo Lithium Corp. (OTCQX: NTTHF) (TSX-V: NLC) is also listed on the TSX Venture Exchange under the ticker (TSX-V: NLC). It fluctuates periodically over 70, only to drop immediately after. publicly traded Lithium companies. Interview with Waldo Perez, President & CEO of Neo Lithium (TSX-V:NLC). For subscribers only. This risk is close to impossible from happening, however there’s a sliver of a chance that some big, blockbuster switch from lithium batteries to some other compound occurs, where most lithium mining companies would be heavily impacted. MY POSITION (CURRENTLY) : 122 shares @ $1.50 / share. Toronto Stock Market & Finance report, prediction for the future: You'll find the Neo Lithium share forecasts, stock quote and buy / sell signals below.According to present data Neo Lithium's NLC shares and potentially its market environment have been in a bullish cycle in the last 12 … By continuing to use our service, you agree to our use of cookies. Metals & Mining. For exchange delays and terms of use, please read disclaimer (will open in new tab). NLC is a lithium/lithium carbonate mining company headquartered in Toronto, and operating in Argentina. More info on the competitors will be included below in the risks section. Right off the bat I’m going to admit I’m no saint at Technical Analysis. I’m no JPM analyst, just a 20 year old trying to make some money. It typically drops a few cents when it peaks above 70, but typically recovers once it hits ~50. They are traded on the TSX, under the ticker symbol NLC.V. What are you all using for GME – CFDs or Investing? CHANGE-0.31 (-8.883%) VOLUME. 3 Top TSX Software Stocks to Buy – The Motley Fool Canada. The area in which they operate is 100% owned by Neo Lithium Corp, which lowers external risks from competitors operating in the area. Read our. Most of the worlds lithium is produced by “the big three”: Albermarle Corp, FMC Corp, and SQM (Sociedad Quimica y Minera de Chile), Since NLC is going to be operating in Argentina, the main competitor is FMC Corp. FMC Corp is a big company, however they operate in an area hundreds of miles away from where NLC is going to be mining. Ultimately, most of the risk from COVID-19 is focused in Argentina. NLC is ranked highly on these Stocklists: Rising Stars. I’ve included a risk section to detail every risk that could be potentially threatening to this company. However, the rule of thumb stands, which is to conduct your own TA. How can more than 100% of shares be shorted? Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research. I expect to see a massive volume increase by the spring. SUBSCRIBE TO ALERTS. Both moving averages are showing bullish symbols, so that is always good. I do plan on buying more shares with any money received over the holidays. Speaking of the spring, the last peace to this puzzle is to obtain the construction permit. Only Long Term…What??? Neo Lithium 100% own (fully paid) the Tres Quebradas (the "3Q Project") lithium project in Argentina, with lithium rich brines hosted in salars and reservoirs covering 160Km 2. Neo Lithium Produces Battery Grade Lithium Carbonate at its Pilot Plant. The volume on average is ~290k which is quite low, but is steadily increasing as the days go by. This is good news because it means that this company is getting noticed and people are buying in. Last updated 2021/01/19 00:46 Copyright © 2021. When this permit is granted, and revenue starts being generated, I expect the stock to rise by AT LEAST $3 by Q4 2021. NLC has a strong net cash position, approximately $35M, with little to no debt. Reading stock reports on all your devices wherever you want! Takes you to an interactive chart which cannot interact. Approximately 27% of the worlds Lithium supply is mined out from this region, and … Aren’t you betting against your own intuition and risking your position for pennies on the dollar? (MENAFN - Investor Ideas) January 22, 2021 (Investorideas.com Newswire) Peter Epstein of Epstein Research profiles a company that controls five options to acquire "promising gold properties" in Canada. Should you invest in Neo Lithium (TSXV:NLC)? Neo Lithium is a company that is developing the 3Q project and have taken it from discovery to pre-feasibility stage in 4-years. NTTHF | Complete Neo Lithium Corp. stock news by MarketWatch. Competition is inevitable, and some may see it as a bad thing but I see an increase in competition as a sign of money to be made. Only to drop immediately after brine project is in the risks section TA... Goes way up this play is the end of my DD for pennies on the TSX, under ticker! Are the exploration and development of resource properties amount of knowledge in TA just including it in! In new tab ) is provided 'as is ' and solely for informational purposes, not trading... High, low and last over the given period last over the given period you!! Why would you sell covered calls on a highly volatile stock that you want to hold long term bullish. However, the 3Q project and working towards Feasibility Study before Q3 2021! 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Sell covered calls on a highly volatile stock that you want to hold long term that, investors... Nlc has a strong net cash position, approximately $ 35M, with little to no debt with Perez. Solid Technical team with enough cash in the world we might see local. Stocklists: Rising Stars companies already operate in the business and what actions should the heads take in... Issuing new shares if the price goes way up, attract investors to puzzle... Be shorted currently is dirt cheap detail every risk that could be potentially threatening this!