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Horizons Global Lithium Producers Index ETF (HLIT-T)
TSE:HLIT
16.22
0.05
(0.31%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
The expert reviews suggest that while the energy transition to renewable sources is a slow process, there is an ample supply of lithium in the world. However, the speed at which it can be brought to market and the adoption of electric vehicles are key factors influencing the market. The consensus seems to be that the risk/reward for lithium is favorable, especially considering its current positioning. Additionally, it is mentioned that ETFs are not preferred, but specific companies like SQM and Albemarle are being considered for investment.
The energy transition from fossil to renewable takes time. That's the reality. There's plenty of lithium in the world, but how quickly can we get it to market? The market was surprised by how quickly brine mining in Chile. Also, people aren't buying EV's as quickly as the market expected. Lithium is close to the bottom, so the risk/reward looks good. He doesn't buy ETFs for his clients, but owns SQM and Albemarle.
$22.780
No
Longer term, this will probably balance out. But lithium market had significant changes in the last year, and that's why you keep tabs on your portfolio more than just once a year. Reduction in lithium prices due to weak demand and over-supply. Back away.
Remember that these "explore" ideas are not "core". Smaller positions with stop losses.
A longer-term play. Lithium prices have been done, but economies are decarbonizing (EVs). These cards need lithium, and this secular trend will continue. But lithium and this ETF will be volatile.
Does not own shares.
Interesting way to get exposure to Helium.
Good time to buy around $30.
$45 share price would be a good time to sell.
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Horizons Global Lithium Producers Index ETF (HLIT-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Horizons Global Lithium Producers Index ETF (HLIT-T) Frequently Asked Questions
What is Horizons Global Lithium Producers Index ETF stock symbol?
Horizons Global Lithium Producers Index ETF is a Canadian stock, trading under the symbol HLIT-T on the Toronto Stock Exchange (HLIT-CT). It is usually referred to as TSX:HLIT or HLIT-T
Is Horizons Global Lithium Producers Index ETF a buy or a sell?
In the last year, 1 stock analyst published opinions about HLIT-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons Global Lithium Producers Index ETF .
Is Horizons Global Lithium Producers Index ETF a good investment or a top pick?
Horizons Global Lithium Producers Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons Global Lithium Producers Index ETF .
Why is Horizons Global Lithium Producers Index ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Horizons Global Lithium Producers Index ETF worth watching?
1 stock analyst on Stockchase covered Horizons Global Lithium Producers Index ETF In the last year. It is a trending stock that is worth watching.
What is Horizons Global Lithium Producers Index ETF stock price?
On 2024-12-12, Horizons Global Lithium Producers Index ETF (HLIT-T) stock closed at a price of $16.22.
