Lithium Ionic (OTCMKTS:LTHCF) Stock Price Down 7.4% – Should You Sell?

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report) shares fell 7.4% during mid-day trading on Thursday . The stock traded as low as $0.71 and last traded at $0.71. 415 shares changed hands during trading, a decline of 96% from the average session volume of 10,917 shares. The stock had previously closed at $0.77.

Lithium Ionic Stock Performance

The stock’s 50-day moving average is $0.64 and its 200-day moving average is $0.59.

About Lithium Ionic

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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.

Further Reading

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