Ganfeng Lithium (OTCMKTS:GNENF) Upgraded by JPMorgan Chase & Co. to Overweight

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Ganfeng Lithium (OTCMKTS:GNENF) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Thursday, The Fly reports.

GNENF stock opened at $12.95 on Thursday. Ganfeng Lithium has a twelve month low of $3.23 and a twelve month high of $19.50. The firm’s fifty day simple moving average is $13.02 and its two-hundred day simple moving average is $11.34.

About Ganfeng Lithium

Ganfeng Lithium Co, Ltd. manufactures and sells lithium products in Mainland China, Hong Kong, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in the Andes Mountains in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; and Avalonia project located in Ireland.

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