American Battery Metals (ABML) Still Expanding Production Assets Before Changing Its Name To American Battery Technology (ABTC)
Now investors know why the mining companies are emerging faster than 2 years ago. Electric vehicles could actually change the world drastically over the past five years. Especially the global community is grateful to EV manufacturers like Nissan, Tesla, GM, and many more. So, American Battery Metals (OTC: ABML) isn’t left behind big mining firms like Westwater Resources, Lithium Americas, Dynasty Minerals, Piedmont, and Novonix.
On Friday ABML surprised everyone by soaring 44.81% on 24,769,496 shares. A small change was expected that time as Thursday’s market didn’t bring a good positive jump. Because of the sudden announcement of purchased the pilot factory land in Nevada, secured water rights in mining sites and factories, and hired design/build construction firm Miles Construction.
The $0.4750 tag is very cheap to any penny stock lover, perhaps, next week ABML may keep surging as investors are holding those recent media updates in their minds. Furthermore, the upcoming name and ticker symbol could push the stock vertically up to $10 before the shares will be included in the national stock exchanges of several countries.