Lithium, Cobalt Stocks Climb Despite a Potential Lithium-Ion Battery Challenger

0
247

Lithium and cobalt stocks in our Ubika Battery Metals index have gained 11% since early July

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”reg” ihc_mb_template=”7″ ][/ihc-hide-content]

Both lithium and cobalt companies in the Ubika Battery Metals index have gained 11% since our last report dated July 4th, 2017. This compares to the TSX-V, which remained virtually unchanged over the same period. Both lithium and cobalt stocks have likely risen due to institutional funds flowing into lithium/cobalt companies following sustained investor sentiment about the bright future for electric vehicles. This report is highlighted by a discussion of the alkaline battery, which tech industry veteran Bill Joy thinks can replace the lithium-ion battery, as well as discussion of three companies that have seen their stock price move the most since our last report: Lithium Americas Corp (TSX: LAC), Lundin Mining (TSX: LUN), and FMC Corp (NYSE: FMC).

Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. To read more of this Disclaimer please click on the button below: