Lithium Ionic (OTCMKTS:LTHCF) Trading Up 1% – Should You Buy?

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report)’s share price traded up 1% during trading on Thursday . The stock traded as high as $0.9210 and last traded at $0.9210. 6,950 shares were traded during mid-day trading, an increase of 1% from the average session volume of 6,890 shares. The stock had previously closed at $0.9122.

Analysts Set New Price Targets

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Lithium Ionic in a research report on Monday, September 22nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Lithium Ionic has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on LTHCF

Lithium Ionic Price Performance

The business’s 50-day simple moving average is $0.63 and its 200-day simple moving average is $0.56.

Lithium Ionic Company Profile

(Get Free Report)

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.

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