The Liontown Resources Limited (ASX: LTR) share price is having a mixed year.

While the lithium developer’s shares are beating the struggling ASX 200 index with a 1.4% year to date gain, this pales in comparison to some of the gains being recorded in the lithium industry.

But could its shares start roaring in the coming months?

Where next for the Liontown share price?

According to one leading broker, the Liontown share price is potentially heading a lot higher from here.

A note out of Bell Potter reveals that its analysts have a speculative buy rating and $2.87 price target on the company’s shares.

Based on the current Liontown share price of $1.78, this implies potential upside of 61% for investors over the next 12 months.

Why is the broker positive?

Bell Potter highlights that while Liontown is not producing lithium at present, its Kathleen Valley lithium project is under development. It expects the Liontown share price to start to gain investor attention as the project development de-risks and production gets closer. Particularly given its offtake agreements with major players Ford, Tesla, and LG Energy Solution.

The broker explained:

LTR’s Kathleen Valley lithium project in Western Australia is currently in development and has the backing of major downstream EV participants. The project’s scale and mine life lend optionality to future product value-adding though downstream lithium refining.

ESG is at the forefront of LTR’s development strategy, particularly across employing renewable energy and ensuring strong engagement with traditional owners. We expect LTR’s value to respond to Kathleen Valley’s de-risking through project development and with further consideration of potential downstream developments.

All in all, Bell Potter appears to believe this could be one for patient investors. Though, it does warn that “LTR is an asset development company with prospective operations and cash flows. Our Speculative risk rating recognises this higher level of risk and volatility of returns.”

The post When will the Liontown share price start roaring? appeared first on The Motley Fool Australia.

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More reading

• Liontown share price falls despite ‘milestone’
• Brokers name 3 ASX lithium shares to buy
• Why is the Global Lithium Resources share price rocketing 27% this week?
• 5 ASX 200 lithium shares with the lowest levels of debt
• Why are ASX lithium stocks having such a stellar run today?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The NIB Holdings Limited (ASX: NHF) share price has been a strong performer in recent weeks.

Since this time last month, the private health insurer’s shares have risen by almost 14% to $7.89.

This leaves the NIB share price trading within a whisker of its 52-week high of $8.20.

Why is the NIB share price on form?

Investors have been buying the company’s shares since the release of its full year results last month.

For the 12 months ended 30 June, NIB reported a 7.2% increase in revenue to $2.8 billion. This was driven by the company’s Australian Residents Health Insurance (ARHI) business, which grew well ahead of industry expectations thanks to strong premium revenue growth. This was despite the company deferring the 2022 annual premium increase.

And while NIB reported a 16.6% decline in net profit to $133.8 million, this reflects investment losses of $81.8 million and was still slightly ahead of consensus estimates.

Also giving its shares a lift was management’s outlook commentary. It appears cautiously optimistic on FY 2023. It said:

While wary of broader macro-economic conditions and ongoing COVID-19 threats, nib expects favourable market conditions for each of its businesses in FY23 and beyond.

Can its shares keep rising?

Unfortunately, most brokers appear to believe the NIB share price has now peaked.

The most bullish broker I’m aware of is Morgans with its hold rating and $8.36 price target. This implies potential upside of 6% for investors from current levels.

Its analysts are also expecting its shares to provide a fully franked 3.5% dividend yield in FY 2023. This stretches the total potential return to almost 10%, which isn’t bad for a hold rating.

The post Why has the NIB share price leapt 14% in a month? appeared first on The Motley Fool Australia.

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More reading

• Why is the NIB share price having such a lousy start to the week?
• Keen to bag the latest NIB dividend? Time is running out
• These ASX 200 shares are going ex-dividend on Monday
• Here are the top 10 ASX 200 shares today
• 3 ASX All Ords shares cracking new highs on Monday

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended NIB Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Chalice Mining Ltd (ASX: CHN) share price had a Tuesday to remember.

The mineral explorer’s share price closed 9.81% higher to $4.59. For perspective, the S&P/ASX 200 Index (ASX: XJO) gained 0.65% today.

Let’s take a look at what could be impacting the Chalice Mining share price.

What’s going on?

Chalice Mining is exploring nickel, copper, gold, cobalt, and platinum group elements (PGE) at the Julimar Project in Western Australia.

Today, the nickel price lifted 6.87% to US$24,536.5 a tonne, Trading Economics data shows. Gold prices also gained 0.7% after the US dollar fell from its record high while copper prices increased 1.3%.

The S&P/ASX 200 Materials Index (ASX: XMJ) also lifted 0.5% today.

As well, news from Chalice Mining’s joint venture partner Venture Minerals Ltd (ASX: VMS) may have fuelled investor optimism.

The two are developing the South West nickel-copper-PGE project in Western Australia.

Today’s news from Venture related to its nearby 100%-owned Kulin project. Venture confirmed the project is prospective for magmatic nickel and copper sulphide. The company said it has commenced an AEM survey along “two highly prospective ultramafic intrusive complexes” that sit along strike of the belt that hosts Chalice’s project.

The Venture Minerals share price finished the day flat after jumping nearly 4% in earlier trade.

Meanwhile, today Chalice advised the UBS Group ceased to be a substantial holder of Chalice Mining shares on 8 September.

Share price snapshot

The Chalice Mining share price has fallen 31% in the past year, while it has dropped 52% year to date.

For perspective, the ASX 200 has lost 5.6% in the past year.

Chalice has a market capitalisation of about $1.7 billion based on its current share price.

The post Why did the Chalice Mining share price leap 10% on Tuesday? appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today
• Chalice Mining share price lifts on positive exploration results today
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Monica O’Shea has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you’re wanting to invest in exchange traded funds (ETFs), then you may want to look at the ones listed below.

These ETFs provide investors with access to some very exciting tech companies from across the globe. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF for investors to consider is the BetaShares Asia Technology Tigers ETF. This ETF gives investors exposure to many of the largest tech companies in the Asian market. These tigers are the Asian equivalent of companies like Google, Facebook, and Amazon. This includes Alibaba, Infosys, JD.com, Kakao, Meituan, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent.

In respect to Tencent, it is a multinational technology conglomerate and one of the world’s largest companies. The company is best known for its WeChat app, which has over a billion users. This super app allows users to text message, voice message, order food, shop, video conference, play video games, share photographs and videos, and make payments.

Another inclusion in the fund is Pinduoduo. It is an e-commerce platform provider that offers a wide range of products from daily groceries to home appliances. Its platform connects distributors with consumers directly through an interactive shopping experience, allowing shoppers to team up to buy items in bulk at lower prices. It has an active customer base closing in on 1 billion.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another exciting ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF. This popular ETF gives investors exposure to the leading companies in the global cybersecurity sector.

You only need to look at recent attacks, such as the sophisticated Sunburst attack, to see that online threats are getting greater and smarter. This may not bode well for internet users, but it does for the companies in the fund, which include both global cybersecurity giants and emerging players. They look set to benefit greatly from increasing demand for cybersecurity services.

Among the companies you’ll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, Palo Alto Networks, and Splunk.

CrowdStrike, for example, is the company behind the popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.

The post 2 excellent ETFs for ASX investors to buy this month appeared first on The Motley Fool Australia.

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More reading

• I rate these top ASX growth shares as buys in September
• Down 25% this year, is the Betashares Asia Technology Tigers ETF (ASIA) cheap?
• 2 popular ETFs that could be buys for ASX investors
• Why I’d buy these 2 ASX ETFs right now
• 3 fantastic ETFs for ASX investors to buy in September

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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