Frontier Lithium Inc. (OTCMKTS:LITOF – Get Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 110,430 shares, a decline of 35.4% from the July 15th total of 170,898 shares. Based on an average daily volume of 83,390 shares, the days-to-cover ratio is currently 1.3 days.
Frontier Lithium Price Performance
OTCMKTS:LITOF opened at $0.30 on Tuesday. The company’s 50-day moving average price is $0.32 and its 200-day moving average price is $0.47. Frontier Lithium has a twelve month low of $0.27 and a twelve month high of $0.84.
About Frontier Lithium
Frontier Lithium Corporation (OTCMKTS:LITOF) is a Canadian mineral exploration and development company focused on the acquisition, exploration and advancement of hard-rock lithium properties. The company’s primary objective is to establish a reliable supply of high-grade lithium spodumene concentrate to support the growing electric vehicle and battery storage markets. Frontier Lithium’s flagship asset is the PAK Project, a significant lithium pegmatite deposit in northwestern Ontario.
The PAK Project covers a contiguous land package of more than 13,000 hectares in the Ignace region near Thunder Bay.
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