12-Jun-2026
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Lithium stocks rise as Citi predicts price recovery on restocking, export demand
Seeking Alpha News (Tue, 9-Jun 10:55 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 June 12, 2026, LIT stock price climbed to $82.37 with 259,867 million shares trading.
LIT has a beta of 1.76, meaning it tends to be more sensitive to market movements. LIT has a correlation of 0.38 to the broad based SPY ETF.
LIT has a market cap of $1.93 billion. This is considered a Small Cap stock.
In the last 3 years, LIT traded as high as $91.98 and as low as $31.44.
LIT has outperformed the market in the last year with a return of +119.9%, while the SPY ETF gained +24.1%. In the last 3 month period, LIT beat the market returning +15.8%, while SPY returned +11.6%. However, in the most recent 2 weeks LIT has underperformed the stock market by returning -5.5%, while SPY returned -1.9%.
LIT support price is $78.93 and resistance is $82.55 (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.