Lithium Ionic (OTCMKTS:LTHCF) Shares Down 2.9% – Here’s What Happened

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report) shares fell 2.9% on Tuesday . The company traded as low as $0.48 and last traded at $0.48. 14,285 shares were traded during mid-day trading, an increase of 50% from the average session volume of 9,512 shares. The stock had previously closed at $0.49.

Lithium Ionic Stock Performance

The company’s 50-day moving average price is $0.59 and its 200-day moving average price 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.

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