Sprott Lithium Miners ETF (LITP)
- Previous Close
9.44 - Open
9.39 - Bid 8.76 x 100
- Ask 10.09 x 100
- Day's Range
9.30 - 9.43 - 52 Week Range
8.54 - 20.25 - Volume
4,024 - Avg. Volume
9,614 - Net Assets 6.91M
- NAV 9.43
- PE Ratio (TTM) 4.47
- Yield 0.00%
- YTD Daily Total Return -25.09%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 0.65%
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.
Sprott
Fund Family
Natural Resources
Fund Category
6.91M
Net Assets
2023-02-01
Inception Date
Performance Overview: LITP
Trailing returns as of 6/7/2024. Category is Natural Resources.
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Holdings: LITP
Top 10 Holdings (74.90% of Total Assets)
Sector Weightings
Recent News: LITP
Research Reports: LITP
Daily – Vickers Top Buyers & Sellers for 06/07/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Lithium Americas: Short-Seller Report Alleges Lithium Project Is Uneconomical
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
RatingPrice TargetUS Tariffs on Chinese EVs Do Not Change Our View of US EV Adoption
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
RatingPrice TargetSQM Earnings: Supply Discipline Will Support Lithium Price Recovery
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
RatingPrice Target