Arcadium Lithium plc (ALTM)
| Market Cap | 5.22B |
| Revenue (ttm) | 900.60M |
| Net Income (ttm) | 155.10M |
| Shares Out | 1.08B |
| EPS (ttm) | 0.16 |
| PE Ratio | 31.18 |
| Forward PE | 29.15 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 31,468,852 |
| Open | 4.880 |
| Previous Close | 4.880 |
| Day's Range | 4.810 - 4.940 |
| 52-Week Range | 2.190 - 7.800 |
| Beta | 1.45 |
| Analysts | Hold |
| Price Target | 5.51 (+13.61%) |
| Earnings Date | Nov 7, 2024 |
About ALTM
Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications. The company also owns interest in various properties located in Argentina, Canada, and Western Australia. Arcadium Lithium plc was founded in 1944... [Read more]
Financial Performance
In 2023, Arcadium Lithium's revenue was $882.50 million, an increase of 8.52% compared to the previous year's $813.20 million. Earnings were $330.10 million, an increase of 20.69%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for ALTM stock is "Hold." The 12-month stock price forecast is $5.51, which is an increase of 13.61% from the latest price.
News
ARCADIUM LITHIUM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arcadium Lithium plc - ALTM
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arcadium Lithium...
Arcadium Lithium Releases Third Quarter 2024 Results
PHILADELPHIA and PERTH, Australia , Nov. 7, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium" or the "Company") today reported results for the third quarter of 2024. ...
Lithium Miners News For The Month Of October 2024
Lithium prices were flat the past month. Lithium market news - The US government is reportedly examining price support mechanisms for domestic critical mineral projects. BloombergNEF forecasts lithium...
Arcadium Lithium Announces Date for Third Quarter 2024 Earnings Release
PHILADELPHIA and PERTH, Australia , Oct. 23, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today announced it will release third quarter 2024 earnings results on...
Top 5 Beaten Down Lithium Companies To Buy Now
Lithium prices have likely bottomed, with improvements expected in 2025/2026 and potential deficits in 2027-2029, signaling a potential market recovery. Top lithium stocks to buy now include Albemarle...
These 3 Stocks Just Spiked—Buy the Rally or Sell the News?
Selling the news is a common trading strategy in which traders buy a stock in anticipation of expected news, then sell once the event occurs. It's a short-term strategy based on the psychology that th...
Top 5 Tax-Loss Stocks To Sell By October 31, 2024
Wolfe Research recommends selling certain stocks based on year-to-date returns and volume-weighted average price, especially before mutual funds' October 31 year-end. Investors should consider tax-los...
Why lithium is such a critical resource for batteries
Rio Tinto (RIO) recently announced its agreement to acquire Arcadian Lithium (ALTM) in a deal valued at $6.7 billion, positioning the company to become the world's third-largest lithium miner. CRU Gro...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALTM and OB on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / October 10, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or br...
Rio Tinto's Arcadium Acquisition An Intelligent Move
Rio Tinto's $6.7 billion acquisition of Arcadium Lithium positions it as a major player in the growing lithium market, despite current low prices. The company continues to perform well, with strong ea...
Rio Tinto's real prize: Arcadium's lithium extraction technology
Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle ...
Rio Tinto's Acquisition of Arcadium Lithium (ALTM) Boosts Lithium Stocks
Arcadium Lithium (ALTM, Financial) shares soared 30.54% today, reaching a price of $5.54, following Rio Tinto's announcement of its plan to acquire the company for $6.7 billion. This strategic move po...
RIO to Buy ALTM, BA Strike Talks Break Down, HD & LOW Upgrades
Rio Tinto (RIO) has agreed to buy Arcadium Lithium (ALTM) that could thrust the metal-producer into the industry's driver seat. Home Depot (HD) and Lowe's (LOW) get an upgrade from Loop Capital, while...
Arcadium Lithium Stock Soars as Rio Tinto Announces $6.7B Acquisition
Shares of Arcadium Lithium (ALTM) are soaring in premarket trading Wednesday, after Rio Tinto (RIO) announced plans to acquire the lithium miner for $5.85 per share in an all-cash deal.
Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion
Lithium has become a priority target for Rio Tinto as it seeks to produce more commodities that are growing in popularity as the world decarbonizes.
Rio Tinto Agrees $6.7 Billion Arcadium Deal. Why It's Buying the Dip in Lithium.
Lithium is a key component in electric-vehicle batteries and Rio is diversifying away from its core products to prepare for the energy transition.
Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal
Rio Tinto said the deal would be an all-cash transaction for $5.85 per share, representing a premium of 90% to Arcadium's Oct. 4 closing price of $3.08 per share. Arcadium Lithium's market value curre...
Rio Tinto (RIO) to Acquire Arcadium Lithium (ALTM) for $6.7 Billion
Rio Tinto (RIO, Financial), the world's second-largest mining company, has received board approval for its $6.7 billion cash acquisition of Arcadium Lithium (ALTM). This strategic move aims to positio...
Rio Tinto strikes $6.7 billion deal to buy Arcadium Lithium
Rio Tinto on Wednesday struck a deal to acquire Arcadium Lithium for $6.7 billion, as the global miner extends its operations in another commodity needed for the energy transaction.
Rio Tinto to buy Arcadium Lithium for $6.7 bln
Rio Tinto said on Wednesday that it will acquire Arcadium Lithium in an all-cash transaction, valuing the latter at $6.7 billion.
Rio Tinto to acquire Arcadium Lithium
LONDON--(BUSINESS WIRE)--THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION IN WHICH SUC...
Rio Tinto (RIO) Acquisition of Arcadium Lithium (ALTM) Spurs Market Excitement
Rio Tinto (RIO, Financial) has announced its acquisition of Arcadium Lithium (ALTM), stirring excitement in the lithium industry and causing stock prices of related companies to surge. This strategic ...
Arcadium Lithium (ALTM) Jumps on Buyout Offer from Rio Tinto
Arcadium Lithium (ALTM, Financial) witnessed a notable surge in its stock price today, experiencing a 34.25% increase, landing at $4.135. This significant movement follows the news of a potential buyo...
Rio Tinto Eyes Arcadium Lithium Acquisition Amidst Global Energy Shift
Rio Tinto, a global mining giant, has reportedly engaged in preliminary talks to acquire Arcadium Lithium Plc. Arcadium confirms these discussions are informal, and it remains uncertain whether a deal...
Rio Tinto Shows Interest in Arcadium Lithium
Following speculation on October 5th that Rio Tinto (RIO, Financial) was considering acquisition of two lithium producers; Albemarle (ALB, Financial) and Arcadium Lithium (ALTM, Financial), Arcadium L...