22-Apr-2024
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Arcadium Lithium Announces Date for First Quarter 2024 Earnings Release and Webcast Conference Call
PRNewswire (Thu, 11-Apr 4:05 PM ET)
Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024
Globe Newswire (Tue, 2-Apr 8:45 AM ET)
Arcadium Lithium Responds to Provincial Court Ruling in Argentina
PRNewswire (Fri, 15-Mar 1:58 PM ET)
Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024
Globe Newswire (Wed, 6-Mar 8:00 AM ET)
PRNewswire (Thu, 22-Feb 4:19 PM ET)
Arcadium Lithium's CEO Paul Graves to Speak at Multiple Upcoming Conferences
PRNewswire (Mon, 19-Feb 4:05 PM ET)
Gabelli Funds to Host 15th Annual Specialty Chemical Symposium
Globe Newswire (Thu, 15-Feb 8:00 AM ET)
While Others Hibernate, Savvy Investors Are Snatching Up Depressed Nickel and EV Stocks
Yolowire (Wed, 24-Jan 6:35 PM ET)
Arcadium Lithium Announces Date for Fourth Quarter 2023 Earnings Release and Webcast Conference Call
PRNewswire (Tue, 23-Jan 5:00 PM ET)
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Arcadium Lithium PLC trades on the NYSE stock market under the symbol ALTM.
As of April 22, 2024, ALTM stock price declined to $3.84 with 6,084,956 million shares trading.
ALTM has a beta of -0.64, meaning it tends to be less sensitive to market movements. ALTM has a correlation of 0.01 to the broad based SPY ETF.
ALTM has a market cap of $4.17 billion. This is considered a Mid Cap stock.
Last quarter Arcadium Lithium PLC reported $182 million in Revenue and $.34 earnings per share. This fell short of revenue expectation by $-163 million and exceeded earnings estimates by $.20.
The top ETF exchange traded funds that ALTM belongs to (by Net Assets): VTI, IJH, VB, IWM, VBK.
ALTM support price is $3.72 and resistance is $4.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALTM stock will trade within this expected range on the day.