Lithium Penny Stock Delivers Dizzying Gain—With Some Promotion Behind It

  • Liberty One’s 250% surge in October helped by glowing articles
  • Pyronix Media promotes juniors in newsletters and social media
Stockpiles of lithium orePhotographer: Carla Gottgens/Bloomberg
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The electric-vehicle revolution is propelling impressive gains in commodity and equity prices around the world, few more dizzying than Liberty One Lithium Corp.

The penny stock, which has changed its name twice since 2016 and is years away from an operating mine, surged 250 percent in October, when both the price of lithium and a benchmark of producers posted single-digit returns.