Critical Elements Lithium Co. (OTCMKTS:CRECF – Get Free Report) was down 1.8% during mid-day trading on Tuesday . The stock traded as low as $0.2495 and last traded at $0.2495. Approximately 4,980 shares changed hands during trading, a decline of 89% from the average daily volume of 45,140 shares. The stock had previously closed at $0.2540.
Critical Elements Lithium Stock Down 1.8%
The firm’s 50 day simple moving average is $0.24 and its two-hundred day simple moving average is $0.28.
Critical Elements Lithium Company Profile
Critical Elements Lithium Corporation (OTCMKTS: CRECF) is a Canadian mineral exploration and development company focused on advancing high-grade lithium and tantalum assets for the global battery market. Headquartered in Montreal, the company’s primary objective is to bring its flagship Rose Lithium-Tantalum project in the James Bay region of Quebec into commercial production. Critical Elements Lithium seeks to leverage the growing demand for lithium-ion batteries by developing a reliable North American source of battery-grade lithium concentrate.
The Rose project hosts one of the highest-grade hard-rock lithium deposits in Canada and is supported by extensive drilling, metallurgical testing and preliminary economic assessments.
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