10 Lithium Mining Stocks in 2022 for Profits Of All Time

Lithium mining stocksGold might be the most popular mining stock in the exchange market but it is not the only one. Many kinds of mining exist in the big and small stock exchanges. 

Even, lithium mining stocks emerge to consider by all buyers including you. Existence rapidly increases thoroughly the world. The utility of the metal stone is very large both for daily necessities and technology. 

Anyway, many of the best lithium stocks to buy especially this 2022 emerge here. You will hunt for the best along with the right reason to choose!

10 Best Mining Lithium Stocks to Watch and Buy in 2022

Keep fighting to find the best company to invest in the stock. Select one of the top 10 lithium penny stocks that could explode to buy below:

1. Albemarle (ALB)

best lithium mining stocks to buy

Albemarle includes the strong mining company which success to rise after getting a big decrease in 2016. Even, ALB trading in NYSE also has lost 32% in the market during 2018. 

Even though, this company had ever soared in 2017 by reporting Q2 earnings per stock. It turns out this moment can raise its full-year EPS guidance. Nowadays, people see the weakness of ALB in the entry point.

2. Galaxy Resources (GALXF)

best lithium mining stocks to buy

Galaxy Resources using OTCMKTS (GALXF) as the exchange market is one of the companies with diversified portfolios. 

This best lithium mining stock claims to have projects in its native Australia and Canada where both regions are geopolitically stable. At this time, GALXF trades as a legitimate under $1 penny stock

It experienced a stock plummet of over 85% during the past year.  It turns out relatively new market volatility is the cause. Although it is a distraction for Galaxy stocks, Toyota comes to help pick up the slack.

3. Lithium Americas (LAC)

best lithium mining stocks to buy

Lithium Americas exists in NYSE (LAC) has already climbed back and added more than 18 percent year over year. This speculative stock still has a big chance to get some measure of confidence from the investors. 

It is because the demand for lithium is broadly trending higher although commodity prices fluctuate year-to-year. At this time, lithium enters in electric vehicles, technologies, and e-cigarettes or vaporizers.

4. Livent (LTHM)

best lithium mining stocks to buy

Formerly, the lithium mining stock of Livent trading in NYSE within the code of LTHM is the arm of FMC. Nowadays, it stands alone as the publicly-traded entity in November 2018. 

Livent company indeed has a speculative contrarian chance but its stock has downs 63% since the initial public offering.

5. Panasonic 

lithium mining stocks to buy

Panasonic within the code of PCRFY in OTCMKTS is the customer electronic device. It turns out it has a big role for Tesla by producing lithium-ion batteries for its vehicle. 

This lithium-based technology of Panasonic also gets more credibility for the long-term gains after cooperating with Bromance. 

Recently, PCRFY stocks down 25% since the year-ago period. Even though, Panasonic is a smart company that can use its acumen for other things.

6. Pilbara (PILBF)

Pilbara in OTCMKTS (PILBF) stock is down 56%. Even, it dropped a staggering 64% over the trailing 52-week period. Luckily, it is the high-risk lithium mining stock with a high-reward opportunity. 

In Australia, Pilbara has a good reputation, especially in the resource-rich Pilbara region. Anyway, Pilbara is the name of the strategic location producing one of the largest lithium-ore in the world. 

It turns out PILBF stock can feature an intriguing narrative in deflating prices.

7. Power Metals (PWRMF)

Power Metals is one of the mining companies putting the hard-rock concept. The metal manufacturer that trades in OTCMKTS as PWRMF comes as a significant lithium provider in Canada.

Nevertheless, PWRMF is a genuine, over-the-counter penny stock that down 68% over the past year.  Nonetheless, it is still potentially explosive to play among lithium and battery stocks.

8. Sociedad Quimica y Minera (SQM: NYSE)

Talking on lithium mining stocks cannot be apart from Sociedad Quimica y Minera or SQM. Most investors consider this company because it has a strategic location and history. 

Chili is the location of the company where this country includes one of the biggest lithium contributors. On the other hand, Chili has a good relationship with the United States so it very benefits for SQM.

However, the country producing almost 75% million metric tons of the hotly metal cannot save SQM from the stock downing. 

Last year, the stock decreased by 31 % because of the fundamental bullishness and technical trading divergence.

9. Tesla

lithium mining stocks to buy

NASDAQ introduce it within the code of TSLA is the vehicle company recently getting into the lithium-mining business. 

It produces a lithium-based vehicle battery and success grows the company’s larger scale. TESLA realizes it by changing the battery with a lithium battery system.

10. Toshiba (TOSBF)

lithium mining stocks to buy

Toshiba is the manufacturer of electronic devices, especially laptop computers shifting resources heavily toward lithium technologies. 

At this time, Toshiba applies a lot of innovation in the pipeline, fast-recharging battery in high-power. This lithium mining stock resembles Panasonic trades in OTCMKTS as TOSBF

Toshiba suffered prior missteps beginning in May but it is up roughly 15% year-to-date gain.

Brief Reasons Purchasing Lithium Mining Penny Stocks

Well, you have seen a lot of potential penny stock lithium companies to watch and buy. However, only pursuing one of the lithium mining stocks looks incomplete without having a strong reason. 

Now, you need it and this page has prepared some points for additional consideration. Look at below:

Versatile Metal

lithium mining stocks to buy

Lithium includes multifunctional metal used in pharmaceuticals, ceramics, grease, lubricants, and heat-resistant glass. Recently, it appears in the form of lithium-ion batteries growing quickly. 

This soft silver-white metal powers cell phones, laptops, and electric vehicles. Lithium comes from the hard-rock deposits where the world’s largest hard-rock mine is the Greenbushes mine in Australia. 

Chile and Argentina are the bulk of the world’s lithium brine production and China follows it in 2018.

Different lithium types for battery
Battery-grade lithium carbonate and lithium hydroxide are the material for lithium-ion batteries which are much more expensive. It turns out the lithium products are useful for emergency technical applications.

Lithium Penny Stocks That Could Explode 2022

While the demand for rare and precious metals used in electric vehicle battery production remains strong, investors are facing a unique situation where prices have fallen to record lows. 

One key metal, lithium, has seen its prices fall by more than 40% in the past year, a decline that has eaten into the profit margins of top producers and wiped out the majority of their share price gains over the past couple of years.

Among the companies hit the hardest by falling lithium prices is Albemarle (NYSE: ALB), the world’s largest lithium miner. With a market cap of $6.54 billion, shares of the lithium mining giant have fallen by 33.1% over the past six months and 55% from its 2017 high. 

This drop isn’t due to investors having a problem with Albemarle as a company but rather was caused by falling lithium prices. As such, many are now saying the stock is undervalued and could be a good investment today.

Lithium’s oversupply problem

Despite the fact that lithium demand is expected to explode over the coming years with demand for electric vehicles projected to skyrocket, the metal’s prices in 2019 have been falling due to an oversupply problem caused by an avalanche of new lithium supplies. 

Australia, which is the world’s leading producer of battery metal with an output of 51,000 tons per year, has seen six new major lithium mines begin operations since 2017. 

Chile is the second-largest producer with 16,000 tons of annual output and it has opened its door to foreign companies looking to explore lithium in the resource-rich Atacama salt flat. 

Over the past two decades, output from Chile has quadrupled with other countries seeing a similar increase in production over the same period.

Financing for junior and senior lithium and cobalt miners has also declined significantly as investors flee to more profitable mining sectors. The amount of investment capital available is seen as a proxy for investor confidence, and it has plummeted to all-time lows. 

In Q2 2019, the amount of cash raised on stock exchanges by lithium and cobalt miners fell to $34 million, a 96.2% decline from Q2 2018’s $801 million raised. 

This decline in funding is also reflected in new drilling activity, with the number of newly completed drill holes having plummeted by more than 50% from its peak in Q3 2018.

Does this make Albemarle a good buy?

Since hitting its peak in 2017, Albemarle has seen its stock slide by more than 50% due almost entirely to the lithium oversupply problem. In response to the supply glut, the company decided to mothball its plans to add an extra 125,000 tons of processing capacity across all its facilities. 

Albemarle currently operates two major lithium sites, one in Silver Peak, Nevada, and the other in Salar de Atacama, Chile, and it has postponed future expansions into Australia. 

Instead, Albemarle plans to reduce capital expenditure by $1.5 billion over the next few years and become cash-flow positive 2022.

While it’s easy to see why on a short-term basis the outlook for lithium producers isn’t good, the silver lining behind this lithium glut is that it will force companies like Albemarle to cut down on the operational fat and become more efficient. 

In the next 24 months, demand for lithium will likely see an exponential increase, catching up to the current supply level as electrical vehicle production continues taking off.

This seems to paint an excellent picture for the company, which is now trading at a 50% discount from the previous year due primarily to market factors outside its control. 

Besides being attractive from a value perspective, with the stock trading at 12 times earnings whereas historically it has traded closer to 15 times earnings, Albemarle has a strong dividend track record. 

The company has consistently raised its dividend every year for 25 years and currently offers a 2.38% dividend yield.

If the company’s management team follows through on its commitment to cut capital expenditures and become cash-flow positive again, Albemarle might become one of the top value stocks in the mining industry. 

Addressing these two areas is especially important, as these issues have deterred investors from buying this company’s stock in the past. 

Fixing its cash-flows and curbing capital expenditures would easily make Albemarle a strong value play for investors looking for exposure to the electric vehicle market.

That is why you need to consider buying lithium mining stocks in 2022. The utility of mining is various so much. Even, it keeps increasing for daily goods and technology. Up and down a company is a common thing but lithium is exceptional. Try it, please!
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