Goldman Sachs downgraded Core Lithium to Sell from Neutral with a A$0.31 price target. The analyst cites the “more rapidly declining” lithium pricing environment for the downgrade as it now sees increased risk that funding from existing cash/operating cash flows may be insufficient to fund BP33 development.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>