5 Lithium Juniors Highly Levered To The ‘Lithium Rush’
TM Editors' Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
Lithium supply and demand imbalance could put an added charge into lithium juniors. We have identified 5 that have surged as much as 1700%+ over the past year, yet may see even more upside if the lithium rally continues.
Written by SmallCapPower.com
With increasing demand for energy storage products and electric vehicles, producers are finding it difficult to keep up in the near and medium term. This could be just the beginning of a long bull market for this commodity.
1. Millennial Lithium Corp (TSXV: ML) – $1.51 Canadian
Specialty Mining & Metals
Millennial Lithium Corp, formerly Redhill Resources Corp, is a Canada-based exploration and development company focused on lithium assets located in Argentina. The Company owns interests in Pastos Grandes Lithium Project....
The Company also owns Lincoln Lithium Property, which covers an area of approximately 3,000 acres of placer claims in the Big Smoky Valley, Nevada.
- Market Cap: $55 million CAD
- Total Cash (FQ0): $3.67 million CAD
- Total Debt (FQ0)): $0
- 52-week Price Change: +1,787.5%
2. Advantage Lithium Corp. (TSXV: AAL) – $0.70 Canadian
Specialty Chemicals
Advantage Lithium Corp., formerly North South Petroleum Corp., is a Canada-based resource company specializing in the strategic acquisition, exploration and development of lithium properties.
The Company has agreements to acquire interests in mineral resources properties located in Nevada (5); Mexico (1), and Argentina (6).
- Market Cap: $37 million CAD
- Total Cash (FQ0): $6.73 million CAD
- Total Debt (FQ0): $0
- 52-week Price Change: +400.0%
3. Nemaska Lithium Inc (TSX: NMX) – $1.37 Canadian
Specialty Mining & Metals
Nemaska Lithium Inc. is engaged in the exploration and development of hard rock lithium mining properties and related processing of spodumene into lithium compounds.
The Company’s activities are in the Province of Quebec, Canada.
- Market Cap: $432 million CAD
- Total Cash (FQ0): $56.11 million CAD
- Total Debt (FQ0): $2.00 million CAD
- 52-week Price Change: +234.1%
4. Lithium Americas Corp. (TSX: LAC) – $1.18 Canadian
Specialty Mining & Metals
Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company focused on development of two lithium development projects in Argentina and Nevada, USA.
- Market Cap: $356 million CAD
- Total Cash (FQ0)): $13.14 million CAD
- Total Debt (FQ0): $1.46 million CAD
- 52-week Price Change: +195.0%
5. Lithium X Energy Corp. (TSXV: LIX) – $2.06 Canadian
Commodity Chemicals
Lithium X Energy Corp., formerly Royce Resources Corp., is a lithium exploration and development company focused on becoming a supplier for the lithium battery industry.
The Company holds properties in Nevada, the United States and in Salta, Argentina.
- Market Cap: $139 million CAD
- Total Cash (FQ0): $16.73 million CAD
- Total Debt (FQ0): $0.00 million
- 52-week Price Change: 136.8%
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