Neometals (OTCMKTS:RDRUY) Stock Price Up 84.8% – Time to Buy?

Neometals Ltd (OTCMKTS:RDRUYGet Free Report)’s stock price was up 84.8% during trading on Tuesday . The stock traded as high as C$0.85 and last traded at C$0.85. Approximately 1,963 shares traded hands during mid-day trading, an increase of 221% from the average daily volume of 611 shares. The stock had previously closed at C$0.46.

Neometals Price Performance

The company’s 50-day moving average price is C$0.57 and its two-hundred day moving average price is C$0.66.

About Neometals

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Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

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