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LAKE RESOURCES N.L (LKE)


AI Coverage Rating: Low

ASX AI Signals has generated 0 signals for LKE during the last 90 days, indicating low trading activity

LKE Share Price

Current Price$0.046
52 Week High$0.155
52 Week Low:$0.028
Trading at (% of 52 Week High) 29.68%


Volume 6704147
20 Day Avg 12283493
Relative Volume 54.6%


Business Overview

Lake Resources N.L (ASX: LKE) is an Australian company focused on the exploration and development of lithium projects. The company primarily operates in Argentina, targeting sustainable lithium extraction from brine deposits. Lake Resources aims to supply lithium for the growing demand in electric vehicle batteries and energy storage.

ASX Sector Overview

Sector:   Materials

The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.

Latest AI Recommendation

Latest  LAKE RESOURCES N.L(LKE)   News

29 Jul 2022, 06:02 AM

Lake Resources NL (ASX:LKE): When Will It Breakeven?

Lake Resources NL (ASX:LKE) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Lake Resources NL explores for and develops lithium brine projects in Argentina. With the latest financial year loss of AU$2.9m and a trailing-twelve-month lo

29 Jun 2022, 10:30 PM

MicroCap Review Magazine for Q2 2022 Now Online

LOS ANGELES, CA / ACCESSWIRE / June 29, 2022 / SNN Network, a global multimedia financial news and publishing company that focuses on delivering news, information, data and analytics for publicly traded microcap companies, today announced that the Q2 2022 Issue of the MicroCap Review Magazine is now

11 Jun 2022, 06:05 AM

Top Mining Stocks for Q3 2022

Many investors historically have turned to safe haven assets such as precious metals in times of economic and political turmoil. One way to gain exposure is by owning companies in the metals and mining industry, which are involved in the exploration, extraction, and sale of metals and other minerals

05 May 2022, 02:03 PM

We're Hopeful That Lake Resources (ASX:LKE) Will Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. By way of example, Lake Resources (ASX:LKE) has seen its share price rise 519% over the last year, delighting many shareholders. Having said that, unprofitable companies are risky because they could potentially burn thr

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