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1 Comment
Bacanora Lithium Plc is currently in a long term uptrend where the price is trading 26.5% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Based on the above factors, Bacanora Lithium Plc gets an overall score of 2/5.
Sector | Basic Materials |
---|---|
Industry | Other Industrial Metals & Mining |
ISIN | None |
Exchange | F |
CurrencyCode | EUR |
Target Price | 1.14 |
---|---|
Market Cap | 298M |
Dividend Yield | 0.0% |
Beta | 1.96 |
PE Ratio | 8.38 |
Bacanora Lithium Plc engages in the identification, acquisition, exploration, and development of mineral properties. The company's flagship project is the Sonora lithium project, which consists of ten mining concessions covering located in the northeast of Sonora State in Mexico. It also provides financing services. Bacanora Lithium Plc was formerly known as WLG No 1 Plc and changed its name to Bacanora Lithium Plc on February 07, 2018. The company was incorporated in 2018 and is headquartered in London, the United Kingdom. As of January 25, 2022, Bacanora Lithium Plc operates as a subsidiary of Ganfeng Lithium Co., Ltd.
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