Are you sure you want to rest your choices? These best lithium stocks represent the industrys finest. Additionally, some platforms have higher fees, while others provide fewer restrictions when it comes to how you trade. In 2021, lithium stocks were much higher than at the beginning of 2022, but that was before the oversupply. if you want to make the most of your investment money. This company develops a platform for biologic medicines via single or bispecific action. For this reason, investing in lithium penny stocks can be worth it. When completed, the facility could produce more than 20,000 SOLOs per year. However, United States Antimony Corp. could still be worth watching. Article printed from InvestorPlace Media, https://investorplace.com/2022/03/3-lithium-stocks-to-buy-for-march-2022-lit-sqm-alb-lac/. Such promising results have brought investors and those in the global market looking for a lithium upsurge. Sociedad Qumica y Minera de Chile is a mouthful, so well just call it SQM. Livent(NYSE:LTHM) closed out 2021 with $420 million in revenues, and the expectation is that Livents compounded annual growth rate of 30% over the next 18 months. SLIs novel method of lithium extraction has the potential, steady stream of income for many years to come, 5 Hypergrowth Stocks With 10X Potential in 2023, lithium carbonate equivalent (LCE) by 2024, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. China is one of the largest producers of lithium. Energy, Renewable Energy, Battery, Lithium. They might not be generating revenue. This was a win for investors since this could triple the companys production. The company manufactures and designs environmentally efficient EVs aimed at commuting. The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT), with 42 lithium-related stocks in its portfolio, is up more than 20% in the last 12 months, compared with a 9.7% gain in the S&P 500 index. Additionally, the current oversupply causing the stocks to decrease in value will eventually die down. Those results made Wall Street analysts and investors sit up and take notice. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. The Biden administrations Inflation Reduction Act of 2022 provides valuable subsidies for EV buyers and automakers. To increase their production capacity, its expanding in not one, but several key areas; Argentina, China, and Quebec all have big plans for the coming years. If you dont know how to buy shares online, then youll want to sign up for a trading platform. It seems certain that the current decade belongs to the electric vehicle industry, which presents a real opportunity for lithium stocks. Required fields are marked *. Penny Stocks (PennyStocks.com) is the top online destination for all things Micro-Cap Stocks. Currently, Sonnet is developing a fully human albumin binding technology. That makes lithium resources being developed in the U.S. by companies like LAC and Piedmont Lithium more valuable. ALB is truly leading the way in the lithium sales field, producing remarkable results in recent quarters. PennyStocks.com is the #1 resource for all things Penny Stocks. Lithium Americas is a highly speculative play in the industry, as it currently lacks earnings, revenues or even much lithium production. youre interested in. With this, it aims to form a collaboration to better enhance its ability to recycle lithium. Should demand for EVs and other electronic goods continue to grow, it should mean good things for lithium stocks, even if they go down from time to time. Earnings per share (EPS) in 2021 tripled from 2020 to $2.05 per diluted share. The company was founded on October 6, 2011 and is headquartered in Reno, NV. Simply put, a lithium battery is a much more effective yet more expensive form of battery. The leadership group has been creating and managing renewable energy projects at the Salton Sea. So, its an investment worth making if youre not afraid of risks. The companys lithium processing plant aims to use 100% renewable energy and 100% recycled water. This ground-breaking approach could give them a real edge over the competition, allowing them to supply their customers with a high-quality product in no time. Without any prior experience, the idea of picking a platform might sound challenging. In the past five years, the companys share price has increased 142%. Copyright 2022 PolicyAdvice.net. It is; if you know where best to invest it. Albemarle(NYSE:ALB) is certainly a great betting opportunity for investors looking to capitalize on the lithium-based EV revolution. SLIs novel method of lithium extraction has the potential to revolutionize the industry, making an otherwise painstaking process take a fraction of the time. Source: Wirestock Creators / Shutterstock.com, 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. It currently is working on U.S. lithium mining projects in North Carolina and Tennessee, as well as abroad in Canada and Ghana. Credit Suisse expects. A quick look at any lithium stocks list will show you a lot of repeated names. Considering this, will UAMY be on your list of penny stocks to watch? Get 12 free stocks when you signup to webull here! Morningstar gives Lithium Americas a B for financial health. They have been gaining more and more attention as a result the rapid growth of green energy sources. Over the last year, the share price of Lithium Americas has grown 62% to now trade at just under $25. Lithium penny stocks have the potential to be a solid investment if trends and predictions hold. You have to be ready and informed if you want to catch the, Some might restrict Chinese lithium stock trading; others might not have the. With this long-term focus and goal, Sigma Lithium seems in a pole position for long-term success. Your email address will not be published. Sodium-ion batteries are set to be the next best alternative to lithium-ion batteries. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. This nifty fund provides exposure to the whole lifecycle of lithium, from mining and refining to battery production meaning that investors can benefit from a well-balanced mix of companies involved in the sector sans dramatic risk levels. On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. We have had a very good start to 2021 and have taken several positive steps forward in the evolution of Aqua Metals. The Best Lithium Penny Stocks to Buy Right Now. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. So, its an investment worth making if youre not afraid of risks. Are these penny stocks worth watching with the stock market down today? NYSE: WWR is a mining and materials company specializing in lithium and uranium production. The demand for batteries is the main factor set to increase, unlike lithium itself, which can be used for several different applications. This move signifies expansion and continued trust for its investors. A lot of the time, your ability to invest in something will depend on the stock prices. It also supports our current "cloud" based energy system compiled from multiple energy sources. Muslim Farooque is a keen investor and an optimist at heart. Ganfeng has reported three years of growing sales and earningsits the strongest company on our list when it comes to sustained growth. By 2030, EVs will make up a third of new cars sold. Then there are also lithium recycling stocks to invest in. More established lithium companies are already producing lithium and selling products. Our 3 Top Picks. According to Fortune Business Insights, the global lithium market is forecast to grow from $3.83 billion in 2021 to $6.62 billion by 2028, for a compound annual growth rate (CAGR) of 8.1%. It continued to progress with its transformative new product development initiatives. Theres much less demand right now, but thats not due to the lack of need but rather due to the excessive number of suppliers in the market. LAC stock has been another outperformer. This includes its purpose-built, single-seat EV, named the SOLO. The Salar de Atacama is the worlds second-largest lithium producer, and Westwater has a 25% interest in the project. Westwater Resources is well-positioned to capitalize on the growth in the lithium and uranium markets. The company is the leading direct lithium extraction (DLE) technology innovator and has provided positive results from bench-scale testing. Penny, Looking for penny stocks to watch? Over the last year, the share price of Lithium Americas has grown 62% to now trade at just under $25. Policy Advice is a participant in the Amazon Services LLC Associates Program, an affiliate advertising The pros also liked that SQM forecast that demand for its lithium is likely to grow 30% in 2022. Its sales and EBITDA have grown by over triple-digit margins. Sonnet BioTherapeutics Holdings Inc. is a penny stock that managed to climb by over 11% during today's trading session. The Vancouver, Canada-based company is expected to see accelerated revenue growth as these lithium mines come online and begin producing over the next few years. As such, investors wanting exposure to the lithium market need to consider taking a position in ALB stock. It is a three-wheeled vehicle that the company states could completely revolutionize the EV market. Much of this years share appreciation has been due to earnings outperformance on the part of SQM. Over the past five years, the stock has gained 619%. The stock is up 60% over the last year and is 15% below its 52-week high. The ASX penny company is a rapidly growing lithium explorer with a focus predominantly on two prospects: its 100% owned Marble Bar Lithium Project in Pilbara, and the 80% owned Manna Lithium project in Goldfields. Overall, the company is well-positioned to capitalize on this growth and has a strong management team with a proven track record of success. If their projects pay off, back that up with an impressive portfolio, and the public could be assured of a steady stream of income for many years to come. Investors should keep an eye on E3 Metals as it could be one of the top lithium penny stocks to invest in for 2022. Sigma Lithium looks forward to a very successful future, and its expectations are in the right place. Titan will ask you about your goals, financial situation, and risk tolerance to produce a recommendation thats customized to you. Check These Out For May 2021. As it currently stands, the prices are set to rise once the demand has caught up with the current amount of lithium supply available. This is a company that focuses on producing and selling digital video imaging and storage products. Best Lithium Penny Stocks to Buy Westwater Resources, Inc. (NYSE: WWR) NYSE: WWR is a mining and materials company specializing in lithium and uranium production. That is an incredible amount of growth, but it makes sense given that batteries account for 70% of all lithium consumption. The second penny stock on my radar is CleanTech Lithium (LSE:CTL). Only a week ago, it announced that it had signed into a collaboration agreement with Perpetua Resources to study the feasibility of processing antimony concentrates. And plenty of penny stocks are poised to profit off rising lithium demand. If this is new territory for you, but you dont want to miss out on the markets potential, then you should do your best to keep up. Lorem ipsum dolor sit amet, consectetur adipiscing elit. That, however, could change very soon. So, keeping this sizable growth amount in mind, here are three lithium penny stocks to play the EV and tech market. These prices fluctuate daily, though, so this could change at any time. Well, something so marvelous cant be without its downsides, right? Whats great about LTUM is that its portfolio doesnt just revolve around lithium. Copy and paste multiple symbols separated by spaces. This has affected everything from energy stocks to tech stocks and more. were much higher than at the beginning of 2022, but that was before the oversupply. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. In addition, it will use the funds to secure proper geological and survey data from the Los Juarez mining property. This is the lowest grade on our list, but the company is still slightly investable. So with all of these exciting updates in mind, it looks like UAMY could have forward potential.