Critical Elements Lithium Co. (OTCMKTS:CRECF – Get Free Report) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 25,116 shares, a decrease of 39.3% from the April 15th total of 41,374 shares. Based on an average daily volume of 161,099 shares, the short-interest ratio is presently 0.2 days.
Critical Elements Lithium Price Performance
Shares of OTCMKTS:CRECF opened at $0.28 on Friday. The firm has a 50 day simple moving average of $0.30 and a 200 day simple moving average of $0.31. Critical Elements Lithium has a one year low of $0.24 and a one year high of $0.45.
About Critical Elements Lithium
Critical Elements Lithium Corporation (OTCMKTS: CRECF) is a Canadian mineral exploration and development company focused on advancing high-grade lithium and tantalum assets for the global battery market. Headquartered in Montreal, the company’s primary objective is to bring its flagship Rose Lithium-Tantalum project in the James Bay region of Quebec into commercial production. Critical Elements Lithium seeks to leverage the growing demand for lithium-ion batteries by developing a reliable North American source of battery-grade lithium concentrate.
The Rose project hosts one of the highest-grade hard-rock lithium deposits in Canada and is supported by extensive drilling, metallurgical testing and preliminary economic assessments.
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