Shares of Frontier Lithium Inc. (OTCMKTS:LITOF – Get Free Report) traded up 2.8% on Friday. The stock traded as high as $0.3068 and last traded at $0.3068. 14,310 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 56,777 shares. The stock had previously closed at $0.2983.
Frontier Lithium Stock Up 2.8%
The stock’s 50 day moving average is $0.31 and its two-hundred day moving average is $0.38.
Frontier Lithium Company Profile
Frontier Lithium Inc is a Canadian mineral exploration and development company focused on advancing lithium assets in Ontario, Canada. The company’s principal property is the PAK Lithium Project, located in the northwest part of the province within the Paterson Lake area.
The PAK Lithium Project includes the PAK and Spark lithium deposits and is being developed as an integrated lithium operation. Frontier Lithium’s activities include mineral exploration, resource definition, mine and processing studies, permitting, and metallurgical testing aimed at producing battery-grade lithium materials for the electric vehicle and energy-storage markets.
Frontier Lithium is working toward a vertically integrated mine-to-battery supply chain, with plans centered on extracting spodumene-bearing pegmatite and processing it into lithium chemicals.
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