Lake Resources NL (OTCMKTS:LLKKF – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,222 shares, a decrease of 98.8% from the September 30th total of 500,000 shares. Based on an average trading volume of 199,826 shares, the short-interest ratio is currently 0.0 days.
Lake Resources Price Performance
Shares of OTCMKTS LLKKF traded down $0.00 during trading hours on Monday, hitting $0.02. 481,576 shares of the company’s stock were exchanged, compared to its average volume of 325,621. Lake Resources has a 1-year low of $0.02 and a 1-year high of $0.11. The company’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.05.
Lake Resources Company Profile
Lake Resources N.L. is an Australian lithium development company focused on advancing lithium-brine projects in Argentina. The company’s principal asset is the Kachi Lithium Brine Project in Catamarca Province, which is designed to produce lithium carbonate for use in electric vehicle batteries, energy-storage systems and other applications.
Lake Resources has pursued direct lithium extraction (DLE) technology at Kachi, working with technology partners to selectively extract lithium from brine while returning much of the treated brine to the subsurface.
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