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GANFENGLITHIUM: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 AND PROPOSED AMENDMENT OF ARTICLES OF ASSOCIATION
Are Investors Undervaluing Ganfeng Lithium Group Co., Ltd. (SZSE:002460) By 39%?
Key Insights Ganfeng Lithium Group's estimated fair value is CN¥60.57 based on 2 Stage Free Cash Flow to Equity Ganfeng Lithium Group's CN¥37.13 share price signals that it might be 39% undervalued
Overnight news: The Federal Reserve's operating losses reached a record $114.3 billion last year. US consumer confidence in March fell short of estimates and pessimism about the future rose slightly
For more global financial information, please follow the 7×24 hour real-time financial news market closing: US stocks closed low on Tuesday, the Dow and the S&P 500 index fell three times in a row, the top 20 in US stock turnover on March 26: Trump's media company DJT surged 16% on the first day of listing, and popular Chinese securities rose 9.4% on Tuesday, Baidu fell 1.9%, and US WTI crude oil closed down 0.4% on Tuesday. Major European stock indexes collectively closed up 0.04%, European Stock 50 Index, 0.42% Macro Federal Reserve operating losses last year Reached a record 114
Pilbara Minerals, Ganfeng Lithium Agree to Joint Feasibility Study on Downstream Conversion Plant
Australian lithium producer Pilbara Minerals and Chinese lithium producer Ganfeng Lithium have agreed to a joint feasibility study on an about 32,000 tonnes per annum
Ganfeng Lithium (002460.SZ): signed a cooperation agreement with Pilbara
Gelonghui, March 25 | Ganfeng Lithium (002460.SZ) announced that recently, Jiangxi Ganfeng Lithium Group Co., Ltd. and Australia's Pilbara Minerals Limited (“Pilbara”) signed a “Cooperation Agreement”. The two parties each invested 50% to carry out the feasibility study of the lithium chemical plant project, and the two parties jointly approved the final investment decision and set up a joint venture based on the results of the feasibility study.
Changes in Hong Kong stocks | Ganfeng Lithium (01772) fell by more than 4% Last year's net profit is expected to drop 70%, institutions say the pattern of oversupply of lithium carbonate remains unchanged
Ganfeng Lithium (01772) fell by more than 4%. As of press release, it fell 4.03% to HK$23.8, with a turnover of HK$666.385 million.
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