Why the Vulcan Energy (ASX:VUL) share price is up 4,000% in 12 months
James Mickleboro | January 18, 2021 2:17pm |
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Vulcan Energy Resources Ltd(ASX: VUL) share price has continued its impressive run and is zooming higher again on Monday.
At one stage today, the lithium-focused mineral exploration company’s shares were up as much as 24% to a record high of $7.97.
When the Vulcan Energy share price hit that level, it meant it was up a staggering 4,200% since this time last year.
What is Vulcan Energy Resources?
Vulcan refers to itself as the first Zero Carbon Lithium producer. It is aiming to produce a battery-quality lithium hydroxide chemical product with net zero carbon footprint from its combined geothermal and lithium resource.
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