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Horizons Global Lithium Producers Index ETF (HLIT-T)
TSE:HLIT
14.75
0.27
(1.86%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
The energy transition from fossil fuels to renewable sources is acknowledged to be a gradual process. Experts highlight the abundance of lithium worldwide, yet the critical question remains regarding the speed at which it can be brought to market. Recent trends indicate surprises in lithium extraction rates, such as brisk brine mining in Chile, which were unexpected. Additionally, demand for electric vehicles (EVs) has not met previous forecasts, potentially affecting lithium prices and market dynamics. With lithium prices nearing their low points, the current risk/reward profile appears favorable for investors, despite the reviewer's preference for individual stocks like SQM and Albemarle over ETFs.
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 : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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, there was no coverage of Horizons Global Lithium Producers Index ETF published on Stockchase.
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?
0 stock analysts 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 2025-02-20, Horizons Global Lithium Producers Index ETF (HLIT-T) stock closed at a price of $14.75.
