Core Lithium Ltd (OTCMKTS:CXOXF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,985,305 shares, an increase of 288.6% from the October 15th total of 510,930 shares. Based on an average daily volume of 7,205 shares, the short-interest ratio is currently 275.5 days.
Core Lithium Price Performance
Shares of CXOXF opened at C$0.17 on Thursday. The company’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.20. Core Lithium has a fifty-two week low of C$0.08 and a fifty-two week high of C$0.30.
Core Lithium Company Profile
Core Lithium is an Australian lithium exploration and development company focused on identifying and advancing lithium resources. Its flagship asset is the Finniss Lithium Project in the Northern Territory, near Darwin, where the company has developed operations to produce spodumene concentrate, a lithium-bearing material used in battery supply chains. Finniss began producing spodumene concentrate in 2022. Core Lithium has also conducted exploration and project development activities in the Northern Territory as it works to advance its lithium assets.
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