Stocks of the Hour: Base Resources, Lanthanein Resources, Orion Minerals, Novonix
A snapshot of the stocks on the move, featuring Base Resources, Lanthanein Resources, Orion Minerals and Novonix.
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NOVONIX (ASX:NVX, OTC:NVNXF US) provides advanced, high-performance materials, equipment, and services for the global lithium-ion battery industry.
As a leading battery materials and technology company – with operations in both Canada and the United States – NOVONIX provides advanced, high-performance materials, equipment, and services for the global lithium-ion battery industry.
A snapshot of the stocks on the move, featuring Base Resources, Lanthanein Resources, Orion Minerals and Novonix.
WATCH VIDEOA snapshot of the stocks on the move, featuring Base Resources, Lanthanein Resources, Orion Minerals and Novonix.
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A snapshot of the stocks on the move, featuring Perenti (ASX:PRN), NOVONIX (ASX:NVX) and 88 Energy (ASX:88E).
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In October last year, China announced new export permit requirements for certain graphite products, citing national security concerns and aiming to bolster its control over critical mineral supply amid challenges to its manufacturing dominance.
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Novonix Limited (ASX:NVX) CEO Dr Chris Burns discusses the significance of the company's binding offtake agreement with Panasonic.
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A snapshot of the stocks on the move, featuring NOVONIX (NASDAQ:NVX, ASX:NVX), Syrah Resources (ASX:SYR) and Ava Risk Group (ASX:AVA).
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The rating is downgraded to Hold from Speculative Buy and the target price increases to $5.68 from $4.49.
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Morgans believes a supply agreement is likely which de-risks the company’s growth plans lifts its target price to $4.53 from $3.34, while retaing a Speculative Buy.
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Morgans has pulled back its rating for Novonix to Hold from Speculative Buy. The target price has remained unchanged at $1.33.
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The company is in the final stages of fitting out new premises and expects to commission its first 500tpa of equipment in the current quarter. The first anode contract is expected in the third quarter of FY20.
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