Neometals (OTCMKTS:RDRUY) Shares Down 23.7% – Time to Sell?

Neometals Ltd (OTCMKTS:RDRUYGet Free Report)’s share price traded down 23.7% during mid-day trading on Thursday . The company traded as low as C$0.33 and last traded at C$0.33. 670 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 611 shares. The stock had previously closed at C$0.44.

Neometals Stock Down 23.7%

The business’s 50 day moving average is C$0.44 and its 200-day moving average is C$0.47.

About Neometals

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Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

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