Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) dropped 9.9% during mid-day trading on Thursday . The stock traded as low as $0.2381 and last traded at $0.2446. Approximately 19,004 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 65,440 shares. The stock had previously closed at $0.2715.
Leading Edge Materials Stock Performance
The company’s fifty day simple moving average is $0.22 and its two-hundred day simple moving average is $0.19.
Leading Edge Materials Company Profile
Leading Edge Materials (OTCMKTS:LEMIF) is a resource company focused on the exploration and development of critical metals that play a key role in the transition to clean energy. The company’s primary activities center on advanced-stage projects for graphite and rare earth elements, as well as early?stage exploration assets targeting lithium and other technology metals. Through a combination of strategic acquisitions and greenfield discoveries, Leading Edge Materials aims to establish itself as a reliable supplier of battery?grade raw materials to global markets.
The company’s flagship asset is the Woxna Graphite Mine in central Sweden, one of Europe’s few operating graphite deposits.
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