Lithium Stocks To Research – June 22nd

Exxon Mobil, Albemarle, and Rio Tinto are the three Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks are shares of publicly traded companies involved in the exploration, mining, refining or production of lithium and lithium-based products. Because lithium is a key component in rechargeable batteries for electric vehicles, consumer electronics and grid storage, these stocks are often viewed as a way to gain exposure to the growth of clean-energy and battery 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.

Shares of NYSE:XOM traded up $1.62 on Friday, hitting $114.81. The company had a trading volume of 36,250,478 shares, compared to its average volume of 15,643,547. The firm’s 50-day simple moving average is $106.56 and its two-hundred day simple moving average is $108.60. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $494.77 billion, a price-to-earnings ratio of 15.23, a P/E/G ratio of 2.29 and a beta of 0.49.

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 Albemarle stock traded down $2.68 during trading on Friday, hitting $56.72. The company’s stock had a trading volume of 5,537,287 shares, compared to its average volume of 2,858,353. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.26 and a current ratio of 2.11. The company has a fifty day simple moving average of $58.33 and a two-hundred day simple moving average of $73.77. The company has a market capitalization of $6.67 billion, a PE ratio of -5.10 and a beta of 1.61. Albemarle has a 52 week low of $49.43 and a 52 week high of $113.91.

Rio Tinto (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 Tinto stock traded down $1.06 during trading on Friday, hitting $55.88. The company’s stock had a trading volume of 4,665,626 shares, compared to its average volume of 2,965,336. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.13 and a current ratio of 1.63. The company has a fifty day simple moving average of $59.66 and a two-hundred day simple moving average of $60.36. The company has a market capitalization of $70.08 billion, a PE ratio of 8.66 and a beta of 0.68. Rio Tinto has a 52 week low of $51.67 and a 52 week high of $72.08.