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Allkem Limited

AKE.ASXStocksChemicals AgriculturalAustraliaSydneyAUD

Price

A$9.13

Today

+0.0%

YTD

+0.0%

About

Allkem Ltd is an Australian company primarily engaged in the exploration, development, and production of lithium and boron in Argentina. The firm, founded in 2005, has its registered office in Brisbane, Australia and its international headquarters in Buenos Aires, Argentina. The company operates via an extensive portfolio of projects, including a hard-rock lithium operation in Australia, borax and lithium brine operations in Argentina, and a lithium hydroxide conversion facility in Japan. The firm's flagship project is the Olaroz Lithium Facility in Jujuy province in Northern Argentina. The company has partnerships with The Jujuy Provincial Government, Toyota Tsusho Corporation, and Prime Planet Energy & Solutions. Allkem Ltd is focused on moving towards more sustainable energy solutions and is aiming to supply the growing worldwide market as the world migrates to lower emissions transport and energy solutions. The firm is also expanding operations in North America with its James Bay project, which is located around 130 km east of James Bay, in northern Quebec. Allkem ltd, formerly known as Orocobre Limited, has been trading on the ASX since 2015, where it is listed under the stock ticker AKE. Add Allkem stock to your eToro watchlist to receive news and updates on the AKE share price.

Price chart
Closing price history for AKE.ASX (1D candles).
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Open positions

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Financial insights

Valuation

P/E (TTM)9.55
P/S (TTM)3.51
P/B (TTM)1.23
Market cap$6.30B
Cap tierMid-cap
Industry avg P/E-10.84

Profitability

Gross margin79.95%
EBIT margin67.18%
Net margin40.21%
ROE13.98%
ROA9.20%

Earnings & Revenue

Revenue (TTM)$1.79B
Revenue growth (1Y)+68.3%
EPS (TTM)$1.03
Free cash flow$439.92M
Total debt$492.03M

Dividends & Risk

Dividend rate$0.00
Dividend yield0.00%
Beta (5Y)-0.02
Employees1,350
Next earnings22 Feb '24
Trade history

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Realized return

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Allkem Limited (AKE.ASX) | Dirk Kuyken