Australian lithium stocks extend gains, topping benchmark index

Lake Resources NL

12/01/2023 03:27

** Shares of Australian lithium miners rose for the second
consecutive day to top benchmark S&P/ASX 200 index  .AXJO  
    ** Top gainer Liontown Resources  LTR.AX  up as much as 6%
at A$1.59, their highest level since Dec. 16, 2022
    ** Second-ranked Pilbara Minerals  PLS.AX  up as much as
4.4% at A$4.155, their highest level since Dec. 15, 2022
    ** Lake Resources  LKE.AX  rises 3.3%, IGO  IGO.AX  up 2.1% 
    ** Earlier this week, brokerage Jefferies raised price
targets on Aussie lithium miners 
    ** Lithium stocks logged significant gains in 2022 as
broader market  .AXJO  declined 
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))