Neometals (OTCMKTS:RDRUY) Trading 10.3% Higher – What’s Next?

Neometals Ltd (OTCMKTS:RDRUYGet Free Report) shot up 10.3% during mid-day trading on Monday . The company traded as high as C$0.69 and last traded at C$0.69. 100 shares traded hands during trading, a decline of 84% from the average session volume of 611 shares. The stock had previously closed at C$0.63.

Neometals Stock Performance

The firm’s fifty day moving average is C$0.69 and its 200 day moving average is C$0.63.

Neometals Company Profile

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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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