Li-Cycle Holdings (LICY)

• Market cap: $40.7M
• 1 day: 4.23%
• 5 days: -8.07%
• 1 month: -29.86%
• 3 months: -32.73%
• 6 months: -67.76%
• Year to date: -68.64%
• 1 year: -68.03%
• 5 years: -98.23%
• 10 years: -98.23%
• Sector: Utilities
• Industry: Hazardous Waste Management

About: Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and lithium-ion battery recycler. The company's proprietary process Spoke and Hub recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate, and nickel sulphate.

Employees: 384

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

190% more call options, than puts

Call options by funds: $278K | Put options by funds: $96K

3.78% less ownership

Funds ownership: 14.52% [Q2] → 10.74% (-3.78%) [Q3]

31% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 16

32% less funds holding

Funds holding: 78 [Q2] → 53 (-25) [Q3]

76% less capital invested

Capital invested by funds: $21.2M [Q2] → $5.17M (-$16.1M) [Q3]

81% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 31

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $2.25 52% upside
• Avg. target: $2.25 52% upside
• High target: $2.25 52% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

UBS Jon Windham 28% 1-year accuracy 5 / 18 met price target

52% upside $2.25

Neutral Maintained

18 Nov 2024