Promising Lithium Stocks To Add to Your Watchlist - October 24th

Key Points

• Five key lithium stocks highlighted for investors include QuantumScape, Critical Metals, Lithium Americas, American Battery Technology, and Enovix, known for their involvement in lithium mining and battery production.
• Investing in lithium stocks is driven by the demand from the electric vehicle and energy storage markets, but is also subject to commodity price volatility, supply-chain risks, and advancements in battery technology.
• Each of these companies represents strong potential for growth in the lithium sector, with distinct focuses such as solid-state batteries and battery recycling technologies.

QuantumScape, Critical Metals, Lithium Americas, American Battery Technology, and Enovix are the five 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, processing, or manufacturing of lithium and its battery components — including miners, chemical processors, and battery-makers whose revenues depend on lithium demand. Investors buy lithium stocks to gain exposure to growth in electric vehicles and energy storage, but these investments are sensitive to commodity price volatility, supply-chain and regulatory risks, and advances in battery technology. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Read Our Latest Research Report on QS

Critical Metals (CRML)

Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.

Read Our Latest Research Report on CRML

Lithium Americas (LAC)

Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.

Read Our Latest Research Report on LAC

American Battery Technology (ABAT)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.

Read Our Latest Research Report on ABAT

Enovix (ENVX)

Enovix Corporation designs develops and manufactures silicon-anode lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.

Read Our Latest Research Report on ENVX