Lithium Ionic (OTCMKTS:LTHCF) Stock Price Down 2% – Should You Sell?

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report)’s stock price dropped 2% on Tuesday . The company traded as low as $0.55 and last traded at $0.55. Approximately 11,616 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 17,304 shares. The stock had previously closed at $0.56.

Lithium Ionic Stock Performance

The stock has a 50-day moving average price of $0.58 and a 200-day moving average price of $0.51.

Lithium Ionic Company Profile

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Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company's flagship properties include a 100% ownership in the Itinga lithium project that comprises seven mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province; and the Salinas project located in the northeastern part of Minas Gerais state.

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