Silex Systems Limited (OTCMKTS:SILXY – Get Free Report)’s share price dropped 4.7% on Tuesday. The stock traded as low as $12.20 and last traded at $12.20. 1,570 shares changed hands during trading, a decline of 84% from the average daily volume of 9,726 shares. The stock had previously closed at $12.80.
Silex Systems Stock Down 7.3%
The company’s 50 day moving average price is $16.30 and its 200 day moving average price is $18.36.
About Silex Systems
Silex Systems Limited is an Australian technology company focused on the development and commercialization of laser-based isotope separation technology. Its principal platform, known as SILEX, is designed to separate isotopes using precisely tuned lasers and may support applications in the nuclear energy, medical, and advanced technology industries.
The company’s primary commercial focus is the potential use of SILEX technology for uranium enrichment. Silex Systems is working with Global Laser Enrichment LLC, a United States-based venture, to develop and deploy the technology for commercial uranium enrichment at a proposed facility in North Carolina.
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