Lithium Ionic Corp. (OTCMKTS:LTHCF – Get Free Report)’s stock price shot up 21.1% on Monday. The stock traded as high as $0.4337 and last traded at $0.4337. Approximately 230 shares were traded during mid-day trading, a decline of 99% from the average session volume of 28,376 shares. The stock had previously closed at $0.3581.
Analyst Ratings Changes
Separately, BMO Capital Markets cut shares of Lithium Ionic from an “outperform” rating to a “market perform” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company has a consensus rating of “Hold”.
Read Our Latest Research Report on Lithium Ionic
Lithium Ionic Price Performance
About Lithium Ionic
Lithium Ionic Corp. is a Canadian mineral exploration and development company focused on advancing lithium projects in Brazil. The company’s primary objective is to discover and develop hard-rock lithium deposits that may support future production of spodumene concentrate, a key raw material used in the manufacture of lithium-ion batteries.
The company’s principal assets are located in Minas Gerais, Brazil, within the Jequitinhonha Valley, a region known for its lithium-bearing pegmatites and established mining infrastructure.
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