TSE:AKE

8.86
0.05 (0.56%) 1d
0

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Allkem
(A Top Pick Feb 16/23, Down 9.9%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with AKE has triggered its stop at $10.  To remain disciplined, we recommend covering the position at this time. 

Mining
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Allkem
Stockchase Research Editor: Michael O'Reilly

AKE is a $7 billion market cap producer of lithium, based out of Australia.  Their main facility in Argentina is hitting record production levels (up 17%), operating with gross cash margins of 90% -- up 23% over the year.  They announced plans for a19 year project life facility in Quebec.  It trades at under 2x book value and 8x earnings.  We recommend a stop-loss at $10, looking to achieve $18 -- upside potential over 50%.  Yield 0% 

(Analysts’ price target is $18.46)
Mining
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Allkem(AKE-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

Stockchase rating for Allkem is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Allkem(AKE-T) Frequently Asked Questions

What is Allkem stock symbol?

Allkem is a Canadian stock, trading under the symbol AKE-T on the Toronto Stock Exchange (AKE-CT). It is usually referred to as TSX:AKE or AKE-T

Is Allkem a buy or a sell?

In the last year, there was no coverage of Allkem published on Stockchase.

Is Allkem a good investment or a top pick?

Allkem was recommended as a Top Pick by on . Read the latest stock experts ratings for Allkem.

Why is Allkem 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 Allkem worth watching?

0 stock analysts on Stockchase covered Allkem In the last year. It is a trending stock that is worth watching.

What is Allkem stock price?

On 2023-12-21, Allkem (AKE-T) stock closed at a price of $8.86.