Shares of Lithium Chile Inc. (OTCMKTS:LTMCF – Get Free Report) traded up 15.2% during mid-day trading on Thursday. The company traded as high as $0.2073 and last traded at $0.2073. Approximately 1,822 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 15,775 shares. The stock had previously closed at $0.18.
Lithium Chile Price Performance
The firm has a fifty day moving average of $0.28 and a 200 day moving average of $0.39.
Lithium Chile Company Profile
Lithium Chile Inc is a Canadian mineral exploration and development company focused primarily on lithium brine projects in Chile and Argentina. Its activities include acquiring, exploring and evaluating salar properties that may contain lithium-bearing brines for potential development into commercial lithium projects.
The company’s principal asset is the Arizaro lithium project in Salta Province, Argentina, one of the country’s large salt-flat basins. Lithium Chile has also assembled a portfolio of lithium exploration properties in Chile, including projects in the country’s northern region.
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