Lithium Ionic (OTCMKTS:LTHCF) Stock Price Up 4% – Still a Buy?

by · The Markets Daily

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report) shares were up 4% during mid-day trading on Thursday . The stock traded as high as $0.5333 and last traded at $0.5333. Approximately 600 shares changed hands during trading, a decline of 98% from the average session volume of 25,625 shares. The stock had previously closed at $0.5128.

Lithium Ionic Trading Up 4.0%

The firm has a 50-day moving average of $0.68 and a 200 day moving average of $0.75.

About Lithium Ionic

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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. Lithium Ionic Corp. is headquartered in Toronto, Canada.

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