Lifezone Metals fell -12%, this lithium mining small-cap stock led the decline today; Ganfeng Lithium fell almost five points, Almonty fell three points😔
The cycle of low lithium prices hasn't ended yet, compounded by the contraction of overall market risk appetite, small-cap resource stocks like lithium and tungsten lack support on the price front, and there's no cushion when they fall. Essentially, this group is waiting for a turning point in commodity prices; before prices recover, most stock price rebounds are pulse-like.
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