Lake Resources NL (OTCMKTS:LLKKF – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 260,891 shares, an increase of 4,093.0% from the October 15th total of 6,222 shares. Based on an average daily trading volume, of 423,319 shares, the short-interest ratio is currently 0.6 days.
Lake Resources Price Performance
Shares of Lake Resources stock opened at $0.02 on Wednesday. Lake Resources has a fifty-two week low of $0.01 and a fifty-two week high of $0.11. The business’s fifty day moving average is $0.03 and its two-hundred day moving average is $0.05.
Lake Resources Company Profile
Lake Resources N.L. is an Australia-based lithium exploration and development company focused on projects in Argentina. Its work centers on lithium-rich brines in the country’s northwest, part of South America’s “Lithium Triangle.” The company’s flagship project is Kachi, in Catamarca Province. Lake is advancing the project as a potential source of battery-grade lithium carbonate and has pursued direct lithium extraction (DLE) technology to recover lithium from brine. Lake Resources is a project developer rather than an established lithium producer.
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