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Piedmont Lithium, Lithium Americas, American Battery Technology Lead The Energy Transition: Which Stock Offers More Upside?

Benzinga ·  May 17 10:11

As the electrification revolution accelerates, lithium — a critical raw material for batteries — stands at the forefront of the energy transition. North American lithium minersPiedmont Lithium Inc(NASDAQ:PLL),Lithium AmericasCorp(NYSE:LAC), andAmerican Battery TechnologyCo(NASDAQ:ABAT) are strategically positioned to benefit from this surge in demand.

We look into recent insights from J.P. Morgan's fireside chats with these companies to gauge their future prospects. Subsequently, we compare these stocks to determine which one offers greater upside potential.

Here's a quick peek into the three companies' key metrics before we dive in:

CompanyMarket Capitalization2023 Revenue (Annual)
Piedmont Lithium Inc (NASDAQ:PLL)$296.158M$39.82M
Lithium Americas Corp (NYSE:LAC)$983.780MPre-Revenue
American Battery Technology Co (NASDAQ:ABAT)$74.329MPre-Revenue

Piedmont...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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