Neo Lithium (OTCMKTS:NTTHF) Given New C$5.80 Price Target at Stifel Nicolaus

Neo Lithium (OTCMKTS:NTTHF) had its target price lifted by research analysts at Stifel Nicolaus from C$4.10 to C$5.80 in a research note issued to investors on Monday, The Fly reports. The firm presently has a “buy” rating on the stock.

Neo Lithium stock traded down $0.19 during trading hours on Monday, hitting $3.58. 111,300 shares of the company traded hands, compared to its average volume of 234,085. Neo Lithium has a 1-year low of $0.46 and a 1-year high of $3.85. The firm’s 50-day simple moving average is $3.15 and its two-hundred day simple moving average is $2.53.

About Neo Lithium

Neo Lithium Corp. engages in the exploration and development of resource properties. It focuses on lithium salar and brine reservoir complex in Catamarca Province, Argentina. The company was founded on January 15, 2016 and is headquartered in Toronto, Canada.

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