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ASX lithium shares are soaring. Is it too late to jump onboard? – The Motley Fool Australia
If lithium prices are expected to increase in the mid-long term, is there still a chance to buy ASX lithium shares? We take a closer look.
When lithium prices finally bottomed in late 2020, depressed ASX lithium shares were quick to re-rate. This resulted in the shares doubling or even tripling in a matter of months.
Investors might be left with an all too familiar feeling sitting on the sidelines and watching shares run up.
With ASX lithium majors Galaxy Resources Limited(ASX: GXY), Orocobre Limited(ASX: ORE) and Pilbara Minerals Ltd(ASX: PLS) quickly running into multi-year highs, is it too late to consider ASX lithium shares?
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