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SQM, Codelco form giant company to produce lithium in Chile
Seeking Alpha News (Mon, 29-Dec 9:38 AM ET)
The Global X Lithium & Battery Tech ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.
Global X Lithium & Battery Tech ETF trades on the ARCA stock market under the symbol LIT.
As of January 2, 2026, LIT stock price climbed to $66.27 with 351,296 million shares trading.
LIT has a beta of 1.25, meaning it tends to be more sensitive to market movements. LIT has a correlation of 0.48 to the broad based SPY ETF.
LIT has a market cap of $1.51 billion. This is considered a Small Cap stock.
In the last 3 years, LIT traded as high as $72.77 and as low as $31.44.
LIT has outperformed the market in the last year with a price return of +63.3% while the SPY ETF gained +17.8%. LIT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.9% and +4.4%, respectively, while the SPY returned +2.8% and +2.0%, respectively.
LIT support price is $63.93 and resistance is $65.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LIT shares will trade within this expected range on the day.