Streetbeat News

LICY

Li-Cycle Holdings Corp.

Industry

Waste Management

Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. The company offers a mix of cathode and anode battery materials, including lithium, nickel, and cobalt, as well as graphite, copper, and aluminum; and copper and aluminum metals. It also provides lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. The company is headquartered in Toronto, Ontario.

Open

2.28

Mkt cap

48M

Volume

1.4M

High

2.32

P/E Ratio

-0.37

52-wk high

15.36

Low

2.00

Div yield

N/A

52-wk low

1.22

Li-Cycle has halted construction work at its Rochester Hub Project, pending a comprehensive review of the project's go-forward strategy.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 10:10 am

The article lists the stocks that have gained and lost the most in Wednesday's mid-day session. Notable gainers include Shift Technologies, Treasure Global, and SeaStar Medical Holding, while significant losers include Nuvve Holding, NuZee, and Color Star Technology. Factors influencing these changes range from bankruptcy filings and FDA approvals to public offerings and earnings reports.

Portfolio Pulse from Lisa Levin

October 18, 2023 | 6:15 pm

During Wednesday's intraday session, several industrial stocks experienced significant movements. Spirit AeroSystems Hldgs (NYSE:SPR), GD Culture Group (NASDAQ:GDC), Caravelle Intl Gr (NASDAQ:CACO), ESGL Holdings (NASDAQ:ESGL), Primech Holdings (NASDAQ:PMEC), and Grindrod Shipping Hldgs (NASDAQ:GRIN) saw gains, while Nuvve Holding (NASDAQ:NVVE), Bridger Aerospace Gr (NASDAQ:BAER), TPI Composites (NASDAQ:TPIC), Momentus (NASDAQ:MNTS), Shengfeng Development (NASDAQ:SFWL), and Li-Cycle Holdings (NYSE:LICY) experienced losses.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 5:31 pm

Shares of several industrial sector companies are trading lower due to a rise in Treasury yields and weak Q3 financial results from JB Hunt Transport Services.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:49 pm

Shares of several industrial sector companies are trading lower due to overall market weakness following a rise in Treasury yields after the release of CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:27 pm

Industrial stocks are experiencing a rise due to overall market strength as Treasury yields drop amid the Israel-Hamas conflict. Several stocks including AER, AGFY, AMRC, ARRY, AXON, AZUL, BKSY, BLDR, BLNK, CLVT, CNHI, DCFC, DFLI, ELWS, EVTL, FCEL, FLNC, FTCI, FVRR, IDEX, KSCP, LICY, MNTS, MVST, NRGV, NXT, OMEX, PGTI, PLUG, RKLB, RUN, SES, SGBX, SHLS, SOL, SPCE, SPWR, STEM, SWK, SYM, VRT, WATT may be impacted.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 5:32 pm

Li-Cycle Holdings Corp (NYSE:LICY) and Glencore International AG, a subsidiary of Glencore plc (OTC:GLCNF), have announced plans to expedite the production of battery-grade lithium carbonate at the Portovesme Hub project in Italy. The project will be executed in two phases, with Phase 1 expected to start operations in 2024 and Phase 2 expected to begin commissioning in late 2026 to early 2027. The hub will process lithium-ion based black mass supplied from Li-Cycle's European Spoke recycling network and Glencore's commercial network.

Portfolio Pulse from Shivani Kumaresan

September 18, 2023 | 12:52 pm

Li-Cycle and Glencore International, a subsidiary of Glencore, have announced a two-phase approach to the Portovesme Hub project in Italy. The project aims to expedite the production of battery-grade lithium carbonate. Phase 1 is designed to process up to 11,000 tonnes of black mass annually, while Phase 2 is planned for 50,000 to 70,000 tonnes of expected annual processing capacity.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 10:05 am

Chardan Capital analyst Brian Dobson has maintained a 'Buy' rating on Li-Cycle Holdings (NYSE:LICY) but lowered the price target from $8 to $7.

Portfolio Pulse from richadhand@benzinga.com

August 16, 2023 | 8:24 am

Wedbush analyst Daniel Ives has reiterated an 'Outperform' rating on Li-Cycle Holdings (NYSE:LICY) and maintained a price target of $8.

Portfolio Pulse from richadhand@benzinga.com

August 15, 2023 | 1:10 pm

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