Investor’s Watch List: Tesla Inc (TSLA), LICO ENERGY METALS COM NPV (WCTXF), Albemarle Corporation (ALB)

Tesla Inc (NASDAQ:TSLA) reported the surge of +0.96% and closed at $366.23, with the total traded volume of 4.19 million shares. During last trade its minimum price was $359.59 and it gained its highest price of $368.07 and has a total of 166.89 million outstanding shares.

On August 12, 2017, Following the announcement of Tesla Inc (NASDAQ:TSLA)’s proposed $1.50 billion senior notes offering on August 7, 2017, Tesla announced that it has agreed to issue and sell $1.80 billion in aggregate principal amount of senior notes due in 2025 (the “Notes”), representing a 20% upsize. The Notes will have an annual interest rate of 5.30%, and the transaction is expected to close on August 18, 2017, subject to customary closing conditions.

Tesla intends to use the net proceeds from this offering to strengthen its balance sheet during this period of rapid scaling with the launch of Model 3 and for general corporate purposes.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) reported no change, after closing price for the day was $0.0820. Its total trading volume for the day was 9,500.00 shares, versus its average volume of 133,758.00 shares. Its earnings per share are -$0.07.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) on September 5, 2017 announced that it has entered into a property Purchase Agreement effective August 31st, 2017 with Glencore Canada Corporation (subsidiary of Glencore plc) (“Glencore”) of Baar Switzerland, (GLEN.L) to acquire a 100% interest in mining rights patent #585 (the “Glencore property”) situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario.  The Purchase Agreement includes a back-in provision, production royalty and an off-take agreement in favor of Glencore.




Glencore is one of the world’s largest producers of cobalt as a result of by-products created from its copper assets in the DRC and nickel assets in Australia, Canada and Norway.

Albemarle Corporation (NYSE:ALB) showing jumped of +0.77% and closed at $125.60, after gaining total volume of 1.28 million shares. Its earnings per share (EPS) is $2.67 and its beta value stands at 1.61 points and has total market capitalization of $13.88 billion and a total of 110.47 million outstanding shares.

Albemarle Corporation (NYSE:ALB) develops, manufactures, and markets engineered specialty chemicals worldwide. The company offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents for applications in lithium batteries, high performance greases, thermoplastic elastomers for car tires, rubber soles and plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications. It also manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for various pyrotechnical applications, including airbag igniters; and performance catalyst solutions, such as polymer catalysts, curatives, organometallics, and electronic materials for polyolefin polymers, packaging, non-packaging, films, injection molding, alpha-olefins, electronic materials, solar cells, polyurethanes, epoxies, and other engineered resins markets.

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