Sayona Mining Limited (OTCMKTS:SYAXF – Get Free Report)’s share price shot up 0.8% on Friday . The stock traded as high as $6.25 and last traded at $6.25. 101,076 shares changed hands during mid-day trading, an increase of 668% from the average daily volume of 13,168 shares. The stock had previously closed at $6.20.
Sayona Mining Stock Performance
The stock has a 50-day moving average of $8.18 and a two-hundred day moving average of $6.57.
Sayona Mining Company Profile
Sayona Mining Inc (OTCMKTS:SYAXF) is a mineral exploration and development company focused on advancing high-grade lithium projects in North America and Australia. The company’s principal activities include the exploration, evaluation and development of lithium deposits to supply the growing demand for lithium-ion batteries in electric vehicles and energy storage systems. Sayona aims to establish a vertically integrated supply chain for lithium concentrate production and downstream processing.
In Canada, Sayona Mining controls several key projects in the province of Quebec, including the fully permitted Authier Lithium Project and the Moblan Lithium Project near the James Bay region.
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