As the global shift toward cleaner energy accelerates, lithium stocks remain a key focus for investors seeking exposure to the booming electric vehicle (EV) and renewable energy storage industries. MarketBeat’s stock screener tool has identified Exxon Mobil (NYSE: XOM), Arcadium Lithium (NASDAQ: ALTM), and Rio Tinto Group (NYSE: RIO) as the top lithium-related stocks with the highest dollar trading volume in recent days. Here’s what investors need to know:
Exxon Mobil (XOM): Expanding Beyond Oil into Lithium
Exxon Mobil Corporation, a global leader in crude oil and natural gas exploration, is increasingly investing in lithium production to diversify its energy portfolio. The company’s strategic move into lithium extraction positions it as a significant player in the transition to clean energy.
- Stock Performance: Shares of Exxon Mobil rose $1.43 on Friday, closing at $109.05.
- Market Cap & Ratios: Exxon Mobil boasts a market capitalization of $473.20 billion with a price-to-earnings (P/E) ratio of 13.91 and a beta of 0.83.
- 52-Week Range: The stock has traded between $103.67 and $126.34 over the past year.
- Moving Averages: The 50-day moving average is $109.05, while the 200-day moving average stands at $113.87.
Arcadium Lithium (ALTM): A Pure Lithium Play with High Growth Potential
Arcadium Lithium plc is a leading global producer of lithium chemical products, catering to industries such as EV batteries, electronics, and pharmaceuticals. The company’s strong international presence and expanding production capacity make it an attractive pick for lithium investors.
- Stock Performance: ALTM stock edged up $0.01 to $5.85 on Friday.
- Market Cap & Ratios: Arcadium Lithium has a market capitalization of $6.29 billion, a P/E ratio of 73.06, and a beta of 1.48.
- 52-Week Range: The stock has seen a high of $5.87 and a low of $2.19 in the past year.
- Moving Averages: The 50-day moving average is $5.69, and the 200-day moving average is $4.80.
Rio Tinto Group (RIO): A Mining Giant with Strong Lithium Prospects
Rio Tinto Group is a global mining powerhouse involved in the production of multiple minerals, including lithium, through its copper and minerals division. With a robust presence in the commodity market, Rio Tinto is well-positioned to capitalize on increasing lithium demand.
- Stock Performance: RIO stock dropped $1.61 to $62.33 during Friday’s session.
- Market Cap & Ratios: The company has a market capitalization of $78.10 billion, a P/E ratio of 9.66, and a PEG ratio of 0.42.
- 52-Week Range: The stock has ranged between $57.85 and $74.24 over the past year.
- Moving Averages: The 50-day simple moving average is $61.12, while the 200-day simple moving average is $62.90.
Why These Lithium Stocks Matter
The increasing demand for lithium, driven by EV adoption and energy storage solutions, makes these stocks critical to watch. Exxon Mobil’s expansion into lithium, Arcadium Lithium’s pure-play exposure, and Rio Tinto’s diversified mining operations provide investors with different avenues to benefit from the lithium boom. With the global push toward sustainable energy, lithium stocks remain an exciting sector for long-term growth potential.
