Shares of Frontier Lithium Inc. (OTCMKTS:LITOF – Get Free Report) traded up 1.9% during trading on Monday. The company traded as high as $0.2933 and last traded at $0.28. Approximately 24,429 shares were traded during mid-day trading, a decline of 56% from the average session volume of 55,167 shares. The stock had previously closed at $0.2747.
Frontier Lithium Stock Up 0.3%
The stock’s fifty day moving average price is $0.30 and its 200 day moving average price is $0.44.
Frontier Lithium Company Profile
Frontier Lithium Inc is a Canadian mineral exploration and development company focused on advancing lithium projects in Ontario. Its primary asset is the PAK Lithium Project in the Thunder Bay mining district of northwestern Ontario, which includes the PAK and Spark lithium deposits.
The company is working to develop an integrated lithium operation that could include mining, spodumene concentrate production and downstream processing into battery-grade lithium chemicals. Its activities include geological exploration, resource evaluation, permitting, engineering and project development.
Frontier Lithium’s strategy is centered on supplying lithium materials for the North American battery and electric-vehicle markets.
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