Lithium Ionic (OTCMKTS:LTHCF) Trading Up 6% – Here’s Why

Lithium Ionic Corp. (OTCMKTS:LTHCF)’s stock price was up 6% during mid-day trading on Wednesday . The stock traded as high as $1.0460 and last traded at $1.03. Approximately 49,043 shares were traded during mid-day trading, an increase of 183% from the average daily volume of 17,352 shares. The stock had previously closed at $0.9720.

Lithium Ionic Stock Up 6.0%

The firm has a 50 day moving average of $0.78 and a 200-day moving average of $0.69.

Lithium Ionic Company Profile

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. Lithium Ionic Corp. is headquartered in Toronto, Canada.