Lithium (from Greek: λίθος, translit. lithos, lit. Approximately 27% of the worlds Lithium supply is mined out from this region, and 12% of which is located in Argentina, where Neo Lithium Corp is operating. It’s flagship property, the 3Q Lithium Brine Project is in the province of Catamarca, Argentina. This would be absolutely detrimental to the company as the future of NLC is entirely dependent on this permit being granted. View real-time stock prices and stock quotes for a full financial overview. It typically drops a few cents when it peaks above 70, but typically recovers once it hits ~50. I do plan on buying more shares with any money received over the holidays. Please refrain from making fun of my positions, lol. ADVERTISEMENT. However, the rule of thumb stands, which is to conduct your own TA. As seen in many other securities, the 50 day Moving Average acts as a support line, and you can see for yourself how it bounces after it comes close/touches the support line. 2,287,212. Portofino Resources Revisits Its Lithium Past, but Primary Focus Remains on Canadian Gold Projects, Neo Lithium Announces C$30,195,000 Bought Deal Private Placement Financing. A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. Starting with the RSI, this stock fluctuates in between 50 and 70, and ATM is at 61.15. 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Neo Lithium Corp. [NLC-TSXV; NTTHF-OTC] has announced a $30.2 million bought deal financing that will be used to fund development of its 100%-owned Tres Quebradas (3Q) Project in Argentina. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? For exchange delays and terms of use, please read disclaimer (will open in new tab). Continuing on, you will be able to absolutely load up with shares on this company and by the time summer of 2021 comes around, you should be able to realize a large gain. As this happens, news will come out and with that, attract investors to this company. NLC | Complete Neo Lithium Corp. stock news by MarketWatch. The best thing about this is that the price currently is dirt cheap. Its project includes the 3Q project. They are traded on the TSX, under the ticker symbol NLC.V. Metals & Mining. Price movement based on the high, low and last over the given period. I really do not see this happening, but I’m just including it juuuuust in case. Neo Lithium Corp. (OTCQX: NTTHF) (TSX-V: NLC) is also listed on the TSX Venture Exchange under the ticker (TSX-V: NLC). Its principal business activities are the exploration and development of resource properties. It includes the RSI, MA (50/200), and the MACD chart. What are you all using for GME – CFDs or Investing? INDUSTRY. Approximately 27% of the worlds Lithium supply is mined out from this region, and … They are traded on the TSX, under the ticker symbol NLC.V. Is it worth it to sell my only $TSLA to buy ~13 $GME? Toronto based Neo Lithium Corp. is rapidly advancing its 100% owned 3Q Project – a unique high-grade lithium brine lake and salar complex in Latin America’s “Lithium Triangle”. I expect to see a nice, bullish 1-2 weeks coming. TA TL;DR: Technical Analysis of this security is showing a bullish trend in the coming weeks. TSX Venture companies that are outperforming the market. Why isn’t Pfizer stock huge from them making the vaccine? Advanced lithium brine project at PFS project and working towards Feasibility Study. They are planning to operate in the Lithium Triangle, a region in Argentina/Chile/Bolivia LOADED with Lithium. Its principal business activities are the exploration and development of resource properties. It fluctuates periodically over 70, only to drop immediately after. Neo Lithium 100% own (fully paid) the Tres Quebradas (the "3Q Project") lithium project in Argentina, with lithium rich brines hosted in salars and reservoirs covering 160Km 2. How Safe Is Your Stock Portfolio Over 30 Years, Actually? It operates its business in the countries like Canada and Argentina, however the mist of the revenue generated from Canada. There are 2 reasons that I believe would be the cause of the permit being denied, This is a risk that occurs in any industry. View real-time stock prices and stock quotes for a full financial overview. start issuing new shares if the price goes way up? 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NLC is a lithium/lithium carbonate mining company headquartered in Toronto, and operating in Argentina. I would like to say that while I would love to buy more shares, I’m a semi-broke college student with not a lot of money to invest, so I’m doing the best I can. View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. Real-time discussion about Neo Lithium Corp. (NLC.V) on CEO.CA, an investment chat community for Canada's small cap markets Neo Lithium Corp. (NLC.V) has a P/B Ratio of 6.26. Moving on to the candlestick chart w/ moving averages. Neo Lithium Corp. (TSX-V: NLC) (OTCQX: NTTHF) (FSE: NE2) announced the submission of the Environmental Impact Assessment (“EIA”) for its wholly-owned Tres Quebradas lithium … More info on the competitors will be included below in the risks section. Neo Lithium Corp. SECTOR. The area in which they operate is 100% owned by Neo Lithium Corp, which lowers external risks from competitors operating in the area. It’s the 7th biggest Lithium project in the world and is located in the Lithium triangle and is now heading to final feasibility. This is my first post here, and I’m going to be explaining some DD on Neo Lithium Corp. You can read for yourself some of the information I have here. Why wouldn’t GME, BB, etc. Both moving averages are showing bullish symbols, so that is always good. NLC is a lithium/lithium carbonate mining company headquartered in Toronto, and operating in Argentina. SUBSCRIBE TO ALERTS. There is no definitive date where this permit will be granted, however I expect it to happen before Q3 of 2021. When this permit is granted, and revenue starts being generated, I expect the stock to rise by AT LEAST $3 by Q4 2021. Other companies already operate in this area and have been for quite a while, so the odds of this happening are quite slim. Competition is inevitable, and some may see it as a bad thing but I see an increase in competition as a sign of money to be made. Neo Lithium Improves Quality of Battery Grade Lithium Carbonate to 99.797% Purity at its Pilot Plant 20 hours ago TSX Venture Exchange Stock Maintenance Bulletins publicly traded Lithium companies. $3.18. The 3Q Project is located in the Catamarca Province, the largest lithium producing area in Argentina covering approximately 35,000 ha including a salar complex of approximately 16,000 ha. They are planning to operate in the Lithium Triangle, a region in Argentina/Chile/Bolivia LOADED with Lithium. All market data (will open in new tab) is provided by Barchart Solutions. Neo Lithium Corp. (OTCQX: NTTHF) (TSX-V: NLC) is also listed on the TSX Venture Exchange under the ticker (TSX-V: NLC). We aim to become one of the most sustainable lithium producers in the market by designing energy efficient facilities, minimizing carbon footprint in our operation, minimizing freshwater consumption, and promoting a sustainable future for the community and the industry. Only Long Term…What??? I have watched quite a bit of videos, and gained a minimal amount of knowledge in TA. 50 Companies. The no-debt thing was mentioned in their investor presentation, but take it with a grain of salt. Last updated 2021/01/19 00:46 Toronto Stock Market & Finance report, prediction for the future: You'll find the Neo Lithium share forecasts, stock quote and buy / sell signals below.According to present data Neo Lithium's NLC shares and potentially its market environment have been in a bullish cycle in the last 12 … Taiwan says asking chip firms to help ease auto chip shortage, Rule Breaker Investing: 5 Stocks Rolled Up at Random – Motley Fool. Should you invest in Neo Lithium (TSXV:NLC)? The volume on average is ~290k which is quite low, but is steadily increasing as the days go by. Speaking of the spring, the last peace to this puzzle is to obtain the construction permit. David Einhorn Warns Of Danger From Valuation-Indifferent Investors. Yes, I know, the market cap is quite small compared to other big industrial companies, however this company is fresh and is showing great upside potential. The first main risk with this play is the construction permit getting blocked. They are focused on delivering lithium carbonate into the market. SEE … - CNW Group - CND - Wed Jan 20, 3:24PM CST, /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/, To view this site properly, enable cookies in your browser. Copyright © 2021. They are planning to operate in the Lithium Triangle, a region in Argentina/Chile/Bolivia LOADED with Lithium. Market Insider works with public RSS feeds of best business news websites, personal blogs and provides automatically generated list of financial news links directly referring to its sources. Neo Lithium (TSX:NLC) is a small-cap Canadian stock trading on the TSX Venture Exchange and is an early-stage lithium exploration and development company. Recently, they secured an ~$8.6M deal with CATL, a massive Chinese lithium battery manufacturer, where 10.2M shares were sold to CATL. NLC is ranked highly on these Stocklists: Rising Stars. The candlesticks are currently showing a bullish uptrend above the support line but looking at how the stock has performed in the last 6 months I think it will continue to bounce, which is inline with what the MACD indicator is showing. ADD TO WATCHLIST. This could mean a delay in getting the construction permit, and if granted, a pause in the construction process. 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