Streetbeat News

LITOF

Frontier Lithium Inc

https://www.frontierlithium.com/

CEO

Trevor Walker

Industry

Other Chemical and Fertilizer Mineral Mining

Open

0.33

Mkt cap

72M

Volume

11K

High

0.33

P/E Ratio

-5.25

52-wk high

0.90

Low

0.32

Div yield

N/A

52-wk low

0.30

FPX Nickel Corp. (OTC:FPOCF) has secured funding through 2025 with the backing of Sumitomo Metal Mining (OTC:SMMYY) and other strategic partners, despite a challenging financing market for junior mining companies. This funding, crucial for FPX's exploration of nickel for electric vehicle batteries, highlights a trend where battery and EV manufacturers invest in miners to secure future metal supplies. Other companies like Mitsubishi Corp. (OTC:MSBHF) and Frontier Lithium Inc. (OTC:LITOF) have also engaged in similar strategic investments.

Portfolio Pulse from Matt Whittaker

March 20, 2024 | 8:03 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.