Where do we standAll lithium stocks have been beaten up bad this year.
Personnaly I always look at Albermarle as a reference. Their shares were at 325$ not too long ago and are now at 123$. They are down 62% from their peak.
On our side we got up to 2.87$ and at 1.37$ it is a 52% decrease.
Other juniors ( non producing ) are in even worse shape. Frontier is a good example down 75% and Rock Tech is down 64%.
Markety swings are a bummer for sure. But in the end, electrification is still a thing and Quebec still wants to be a big player.
CRE has the goods and the permits while other juniors are many years behind.
It is taking way more time than I anticipated to get there, but we will........hopefully before the end of 2023.
GLTA