Top Lithium Stocks To Research – April 17th

Exxon Mobil, Rio Tinto Group, and Albemarle are the three Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks refer to shares in companies that are involved in the extraction, processing, and production of lithium, a key component for rechargeable batteries in electric vehicles, electronics, and renewable energy storage. Investors often view these stocks as an opportunity to capitalize on the growing global demand for clean energy technologies. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

NYSE XOM traded up $3.68 on Thursday, reaching $107.87. The company’s stock had a trading volume of 8,715,571 shares, compared to its average volume of 15,938,320. The firm’s 50 day moving average is $110.00 and its two-hundred day moving average is $112.97. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34. The stock has a market cap of $466.55 billion, a PE ratio of 13.77, a PEG ratio of 3.02 and a beta of 0.61. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Rio Tinto Group (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

Shares of RIO traded up $1.28 during mid-day trading on Thursday, hitting $58.44. The company’s stock had a trading volume of 1,326,077 shares, compared to its average volume of 2,870,490. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.16 and a current ratio of 1.63. The stock’s 50-day moving average is $60.70 and its two-hundred day moving average is $62.09. Rio Tinto Group has a one year low of $51.67 and a one year high of $74.24. The firm has a market capitalization of $73.28 billion, a PE ratio of 9.07, a price-to-earnings-growth ratio of 0.42 and a beta of 0.66.

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

Shares of NYSE ALB traded up $0.24 during mid-day trading on Thursday, hitting $52.81. The company’s stock had a trading volume of 1,456,904 shares, compared to its average volume of 2,704,527. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.95 and a quick ratio of 1.19. The company’s fifty day simple moving average is $71.96 and its 200-day simple moving average is $87.77. Albemarle has a one year low of $49.43 and a one year high of $137.50. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of -4.72 and a beta of 1.59.