The top lithium stocks by share price performance on US, Canadian and Australian exchanges have already made year-to-date moves.
Editor's note — This article was originally focused on the top Canadian lithium stocks, but has been expanded to cover the top lithium stocks globally. Click here to read about the top Canadian lithium stocks.
You can also click here to read the previous top lithium stocks article.
Lithium prices hit an all-time high in 2021, and have made betrivers pa heights only a few months into 2022.
Analysts expect this positive trend to continue as the electric vehicle transition gains traction around the world, and some lithium companies' share prices are rising significantly in tandem.
Here the Investing News Network takes a look at the top lithium stocks with year-to-date gains. The list below was generated using TradingView’s
on April 12, 2022, for Canadian and US companies, and on April 13, 2022, for Australian companies. It includes companies listed on the NYSE, NASDAQ, TSX, TSXV and ASX; all top lithium stocks had market caps above $10 million when data was gathered.
1. SQM (NYSE:SQM)
Year-to-date gain: 62.74 percent; current share price: US$82.56
SQM is developing the hard-rock Mount Holland lithium project in Australia through a joint venture with Wesfarmers (ASX:WES,OTC Pink:WFAFF). The company places a heavy emphasis on the sustainability of its operations, including a production process that involves 97.4 percent solar energy.
On March 2, SQM its 2021 earnings report, including net income of US$585.5 million compared to US$164.5 million for 2020. Later that month, the company it would be holding its annual general shareholders' meeting on April 26. The company’s share price hit a year-to-date high of US$89.13 on April 4.
2. Piedmont Lithium (NASDAQ:PLL)
Year-to-date gain: 27.74 percent; current share price: US$67.01
Based in the US state of North Carolina, Piedmont Lithium is focused on producing lithium hydroxide from spodumene ore. Its goal is to provide companies with a lithium hydroxide source outside of China, and it hopes to aid in the creation of an American battery supply chain. In addition to its fully integrated Carolina lithium project, the company also has properties in Ghana and Quebec, Canada.
In early February, Piedmont released its 2022 , including the advancement of its Carolina project towards contemplated production of 30,000 tonnes per year of lithium hydroxide and 242,000 tonnes per year of spodumene concentrate. On March 9, the company the completion of a preliminary economic assessment for its second lithium hydroxide plant in the US; it will expand Piedmont's planned US lithium hydroxide manufacturing capacity to 60,000 tonnes on an annual basis.
Piedmont’s share price spent March trending upwards, and it hit a year-to-date high of US$78.39 on April 4. Most recently, Piedmont that its partner Atlantic Lithium (LSE:ALL,OTCQX:ALLIF) has completed a mineral resource estimate at the Ewoyaa project in Ghana, where Piedmont has a 50 percent interest earn-in right.
1. Avalon Advanced Materials (TSX:AVL)
Year-to-date gain: 100 percent; current share price: C$0.22
Avalon Advanced Materials is focused on clean energy and betrivers pa technology supply chains. Its five projects are all located in Canada. Its main lithium asset is its Separation Rapids lithium project in Kenora, Ontario. According to the company, it “has the potential to produce high purity lithium compounds for two distinct markets: an industrial mineral product for glass-ceramics and lithium chemicals for energy storage.”
On April 4, Avalon with RenJoules International, which will help with Avalon’s plans to develop a regional lithium battery materials supply chain; the focus will be on supplying future electric vehicle battery manufacturers. The company’s share price spiked on this betrivers pas, hitting a year-to-date high of C$0.22.
2. Lithium Energi Exploration (TSXV:LEXI)
Year-to-date gain: 90.91 percent; current share price: C$0.315
Lithium Energi Exploration is an acquisition, exploration and development company working in South America’s Lithium Triangle, with over 72,000 hectares of lithium brine concessions in Argentina’s section of the triangle.
In January, that exploration and development with its joint venture partner Global Oil Management Group was accelerating. The name of the betrivers pa joint venture is Triangle Lithium Argentina. On March 24, the company shared that, alongside its betrivers pa joint venture Triangle Lithium Argentina, it had commenced exploration drilling in the Antofalla basin. This betrivers pas caused its share price to shoot up over the following weeks, moving from C$0.21 on March 24 to a year-to-date high of C$0.35 by April 11.
3. Frontier Lithium (TSXV:FL)
Year-to-date gain: 64.53 percent; current share price: C$3.34
Frontier Lithium’s goal is to become a manufacturer of battery-quality lithium salts for the electric vehicle and lithium-ion battery markets. According to the company, its PAK lithium project “contains one of North America’s highest-grade, large-tonnage hard-rock lithium resources in the form of a rare low-iron spodumene.” The project, which is being actively developed by Frontier, is located in Ontario’s Electric Avenue.
Frontier’s betrivers pas in 2022 has focused on exploration at PAK’s Spark deposit, where on March 1 it announced an of 14 million tonnes averaging 1.4 percent lithium oxide, and an inferred resource of 18 million tonnes averaging 1.37 percent lithium oxide. More recently, a mineral processing pilot plant campaign. Frontier's share price hit a year-to-date high of C$3.60 on April 4.
1. Global Lithium (ASX:GL1)
Year-to-date gain: 145.26 percent; current share price: AU$2.33
Exploration company Global Lithium is focused on its 100 percent owned Marble Bar lithium project, which is located in Western Australia’s North Pilbara Craton. The project’s Archer deposit has been the company's primary exploration target; it is planning a 60,000 metre reverse-circulation drilling program for Q1 of this year. Global Lithium acquired an 80 percent interest in the Manna lithium project from Breaker Resources (ASX:BRB) in December 2021. The two companies plan to work together on exploration at the project in 2022.
On March 3, Global Lithium signed a for spodumene concentrate with Suzhou TA&A Ultra Clean Technology (SZSE:), which is its largest shareholder. Suzhou TA&A intends to help with construction funding as well. In mid-March, the company for the half year ended December 31, 2021. A week later, it on its Marble Bar and Manna lithium projects. The company’s share price rose following the financial report’s release, and hit a year-to-date high of AU$2.73 on April 4.
2. Sayona Mining (ASX:SYA)
Year-to-date gain: 134.62 percent; current share price: AU$0.305
Sayona Mining is a lithium producer working in Canada and Australia. Alongside Piedmont Lithium, its strategic partner, the company has acquired North American Lithium, which had a pre-existing lithium mine and concentrator in Quebec, Canada. Sayona has two assets near those, the Authier and Tansim lithium projects, and it intends to create a Quebec lithium hub to feed the battery supply chain. In Western Australia’s Pilbara region, the company has further lithium projects, and it is exploring for gold.
On March 17, its latest half-year report, including updates on its work during the latter half of 2021. Its share price began increasing after this betrivers pas, and spent the back half of March moving upwards. Sayona's share price shot up further on that testing of lithium spodumene product from the Authier project shows that it “performs as well as commercially available battery-grade lithium hydroxide.”
3. Jindalee Resources (ASX:JRL)
Year-to-date gain: 115.91 percent; current share price: AU$4.75
Jindalee Resources, previously an Australia- and US-focused explorer, announced on April 12 that it is pivoting and repositioning as a . The company has decided to focus on its McDermitt lithium project in Oregon, US, which it describes as “one of the largest lithium deposits in the United States.” The company will be separating its Australian assets into a betrivers pa ASX-listed company.
The company’s share price has spent April trending upwards, rising from AU$3.42 on April 1 to its year-to-date high of AU$4.75 on April 12.
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Securities Disclosure: I, Lauren Kelly, currently hold no direct investment interest in any company mentioned in this article.
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