Frontier Lithium (OTCMKTS:LITOF) Stock Price Up 1.6% – Here’s Why

Frontier Lithium Inc. (OTCMKTS:LITOF – Get Free Report)’s stock price was up 1.6% on Thursday . The stock traded as high as $0.3309 and last traded at $0.3224. Approximately 143,613 shares traded hands during trading, an increase of 115% from the average daily volume of 66,865 shares. The stock had previously closed at $0.3174.

Frontier Lithium Price Performance

The firm’s fifty day simple moving average is $0.38 and its 200-day simple moving average is $0.53.

About Frontier Lithium

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Frontier Lithium Corporation (OTCMKTS:LITOF) is a Canadian mineral exploration and development company focused on the acquisition, exploration and advancement of hard-rock lithium properties. The company’s primary objective is to establish a reliable supply of high-grade lithium spodumene concentrate to support the growing electric vehicle and battery storage markets. Frontier Lithium’s flagship asset is the PAK Project, a significant lithium pegmatite deposit in northwestern Ontario.

The PAK Project covers a contiguous land package of more than 13,000 hectares in the Ignace region near Thunder Bay.

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