Lithium Ionic (OTCMKTS:LTHCF) Shares Down 6.7% – Here’s What Happened

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report) traded down 6.7% during mid-day trading on Thursday . The company traded as low as $0.53 and last traded at $0.58. 24,052 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 16,214 shares. The stock had previously closed at $0.63.

Lithium Ionic Price Performance

The stock has a 50 day simple moving average of $0.58 and a 200 day simple moving average of $0.53.

Lithium Ionic Company Profile

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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.

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