Chariot mining stock (ASX: CC9) forecast and price prediction 2025, 2030: Is Chariot a good investment?
Here you will find the latest Chariot Mining Stock forecast and price prediction for 2025, 2026, 2027, 2028, 2029, and 2030. How (ASX: CC9) stock has fared one year after IPO is examined in this article.
About Chariot Mining Stock
Chariot mining stock is issued by Chariot Mining Corporation Limited, an Australia based Mining Company. The company is a strategic player in prospecting and harvesting of near surface lithium in the United States.
It was essentially formed to target early exploration in the lithium industry across the globe, and commenced trading on the Australian Stock Exchange (ASX) in October 2023 under the ticker symbol ‘CC9’.
Is Chariot a Good Investment?
Chariot Corporation is the largest interest holder for lithium exploration in the United States.
Analysts predicted that the global demand for lithium will grow consistently, as various governments strive to phase out internal combustion engine. Chariot’s exploration activities in the US are timely as it offers investors opportunity to explore the fast growing lithium market.
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Today, Chariot’s’ compounded annual growth rate is predicted to be more than 20 percent for the next 6 years. This is an indication that CC9 is a good investment in terms of its inherent long-term growth potential.
Will Chariot Mining Stock Price Go Up?
Analysts’ price targets favor CC9 as stock with high growth potential.
Chariot Mining Corporation Limited is currently placed at 15th percentile in the mineral exploration industry by market cap of AU$42.084million.
Analyst trailing CC9 price target in the last 3 months, the average price target is AU$0.32 with high forecast of AU$0.47 and a low forecast of AU$0.10. The average price target represents a 14% change from the last price of AU$0.28.
Chariot mining stock (ASX: CC9) forecast and price prediction
Chariot mining stock reached all-time high on November 26, 2023 at AU$1.360 and reached all-time low of AU$0.100 on August 13, 2024.
Moneystics stock forecast/prediction algorithm uses machine learning and in-depth learning technologies forChariot mining stock.
Historical CC9 price data, volume, financial statements, market sentiment and broader economic conditions are used for our forecasting.
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Chariot stock price forecast and prediction 2025, 2030
In 2025, Chariot mining stock will reach an average price of AU$0.43 per share, with a low of AU$0.18 and AU$0.50 high. The average price forecast represents 53.57% increase from the current price.
In 2026, Chariot mining stock will reach an average price of AU$0.66 per share, with a low of AU$0.19 and AU$0.79 high. The average price forecast represents 135.71% increase from the current price.
In 2027, Chariot mining stock will attain an average price of AU$0.97 per share, with a low of AU$0.23 and as high as AU$1.18. The average price forecast represents 246.42% increase from the current price.
In 2028, Chariot mining stock will reach an average price of AU$1.13 per share, with a low of AU$0.29 and AU$1.28 high. The average price forecast represents 303.57% increase from the current price.
In 2029, Chariot mining stock will reach an average price of AU$1.30 per share, with a low of AU$0.37 and AU$1.39 high. The average price forecast represents 364.28% increase from the current price.
In 2030, Chariot mining stock will attain an average price of AU$1.52 per share, with a low of AU$0.43 and as high as AU$1.62. The average price forecast represents 435.71% increase from the current price.
Is Chariot mining stock a good buy now?
Chariot mining stock has a consensus rating of Strong Buy which is based on 4 buy ratings, 1 hold ratings and 0 sell ratings.
According to 17 Wall Street’s Analysts 12-month price targets issued in the past 3 months, CC9 has a consensus rating of strong buy based on 13 buy ratings, 2 hold ratings and 2 sell ratings.
Out of 13 Moneystics analysts, 6 (46.15%) are recommending CC9 as a Strong Buy, 4 (30.77%) are recommending CC9 as a Buy, 2 (15.39) are recommending CC9 as a Hold, and 1 (7.69%) are recommending CC9 as a Sell.
When will Chariot Mining Stock reach AU$1.5 per share?
The average price of the Chariot mining stock in 2030 is AU$1.50 per share. This implies that CC9 stock will reach AU$1.5 per share in the year 2030 as against the current price of AU$0.28.
That is to say, your AU$100 investment in CC9 today (roughly 357 units of shares) will appreciate to about $535 in 2030.
Should you invest AU$1000 in Chariot mining stock today, where will you be in 2027?
We estimate the average price of CC9 stock in 2027 to be AU$0.97 per share.
The implication is that in 2027 the ASX: CC9 stock will reach AU$0.97 per share as against the current price of AU$0.28.
The average predicted price has an increase of 246.42% from the current price of AU$0.28.
Thus, your AU$1000 investment in CC9 stock today (roughly 3571 unit of shares) will appreciate to AU$3,463 in 2027.
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How you can buy Chariot mining stock: a 5-step approach
If you want to buy ASX: CC9 stock, here’s are the steps you need to follow:-
Step 1: Open a Brokerage Account
There are many brokerage firms you will have to choose from. This is called a trading account which you need to open with a brokerage that transacts in ASX: CC9 stock.
To do this requires your completion of online application form with your details such as your ID and address and then fund the account.
Step 2: Make Your Research on Chariot Mining Stock (ASX: CC9)
After deciding where to buy CC9 stocks, the next stage is to conduct research on the company’s viability. You need to know something about the company’s products, revenue, profitability, and other key fundamentals.
Step 3: Determine How Much You Want to Invest
You now think of how much you are ready to put into buying CC9 stock. This is done after assessing the risk associated with the stock and the extent you can manage the risk.
Step 4. Place an Order for Chariot Mining Stock
Once you have resolved the volume of shares and how much you want to invest in CC9 stock, you can place your order to buy the stock.
Placing an order for CC9 requires a selection of your preferred number/volume of stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 5. Track Your Investment Regularly
When investing in the stock market, it’s important to monitor your investments constantly and set a no-loss target on your portfolio.
Tracking your investments involves following up with key information about your shares performance. This will help you to make strategic decisions about pricing, gains, and loss.
