Rio Tinto Is Making A Big Gamble On Arcadium Lithium
Rio Tinto's acquisition of Arcadium Lithium boosts market exposure but adds risk. Learn more about why RIO is a buy and ALTM is a hold.
Macquarie Downgrades Arcadium Lithium (ALTM)
Fintel reports that on October 15, 2024, Macquarie downgraded their outlook for Arcadium Lithium (NYSE:ALTM) from Outperform to Neutral. Analyst Price Forecast Suggests 13.31% Downside As of September 25,
Rio Tinto’s Arcadium buy may pave the way for more lithium purchases
An increase in mergers would demonstrate that companies are backing a long-term view of lithium’s increasing value
Arcadium a steal but how much difference will it make to Rio Tinto
Rio have made a counter-cyclical move to buy some of the world's lowest-cost lithium assets. Our mining analyst Jon Mills says the firm is still all about iron ore for now.
Arcadium Lithium soars as Rio Tinto reportedly in talks to buy - Reuters
Rio Tinto in talks to acquire Arcadium Lithium, potentially becoming the third-largest producer of EV battery metal.
What’s Next? Rio Tinto’s Acquisition of Arcadium Lithium (ALTM) Shakes Up the Market
In the wake of the announcement, Arcadium Lithium’s stock has surged by +30.19% to $5.52 in premarket trading on Wednesday. This impressive uptick reflects investor optimism about the future prospects of the company under the Rio Tinto umbrella.
Rio Tinto bets on lithium with $6.7bn Arcadium takeover
The mining giant said it would purchase the Philadelphia-based company for $5.85 per share, a 90 per cent premium to its closing share price on Friday.
Keybanc Downgrades Arcadium Lithium (ALTM)
Fintel reports that on October 11, 2024, Keybanc downgraded their outlook for Arcadium Lithium (NYSE:ALTM) from Overweight to Sector Weight. Analyst Price Forecast Suggests 13.78% Downside As of September 25,
Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Detailed price information for Arcadium Lithium Plc (ALTM-N) from The Globe and Mail including charting and trades.
Biggest stock movers today: ALTM, HELE, DK, Chinese stock names and more
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Maintaining Hold on Arcadium Post Rio Tinto Acquisition Offer: A Fair Valuation Amid Lithium Market Downturn
TD Cowen analyst David Deckelbaum downgraded the rating on Arcadium Lithium Plc (ALTM – Research Report) to a Hold today, setting a price ...
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ALTM Crosses Above Average Analyst Target
In recent trading, shares of Arcadium Lithium PLC (Symbol: ALTM) have crossed above the average analyst 12-month target price of $5.18, changing hands for $5.55/share. When a stock reaches the ...
Why SQM, Standard Lithium, and Piedmont Lithium Stocks All Dropped Today
Detailed price information for Arcadium Lithium Plc (ALTM-N) from The Globe and Mail including charting and trades.
Key deals this week: Arcadium Lithium, Comstock, LendingClub, Chevron and more
M&A activities remained relatively quiet in the second week of October as companies geared up for the third quarter earning ...