|Bid||28.90 x 1100|
|Ask||29.25 x 1400|
|Day's Range||28.46 - 32.00|
|52 Week Range||4.00 - 54.50|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In 11:30 a.m. EST trading, shares of Chinese lithium battery manufacturer CBAK Energy Technology (NASDAQ: CBAT) are up 55.7%, with those of Canadian three-wheeled electric-car maker Electrameccanica Vehicles (NASDAQ: SOLO) gaining about half that (25.4%). Piedmont Lithium (NASDAQ: PLL) -- an Australian miner of the metal that goes into making electric-car batteries -- is holding on to a 6.1% increase after topping out at 12% in trading earlier this morning. While the gains these stocks are making today certainly astound, CBAK stock, for example, has grown in price ninefold in under three months, and Piedmont has quintupled in a similar time frame.
Shares of start-up Piedmont Lithium (NASDAQ: PLL) popped more than 17% in early trading Thursday before giving much of that back and retracing to a much more modest 7.5% gain as of 12:55 p.m. EST. On the one hand, Piedmont announced yesterday that it has begun "test work" on a spodumene concentrator pilot project. Piedmont will be aiming to transform 50 tons of mineralized pegmatite into spodumene concentrate containing at least 6% lithium oxide useful for the production of rechargeable batteries.
As Americans head to the polls, and Democratic presidential candidate and green energy aficionado Joe Biden continues to hold a polling lead over President Donald Trump, Tuesday looks like it's going to be a strong day for renewable-energy stocks. In early trading, shares of fuel cell stock Plug Power (NASDAQ: PLUG), its rival Bloom Energy (NYSE: BE), and lithium mining stock Piedmont Lithium (NASDAQ: PLL) all topped 10% gains. As of 10:40 a.m. EST, Piedmont in particular is gaining strength, up 15.8%, while Bloom is in second place with an 11.6% gain, and Plug Power is up a solid 9.5%.