Core Lithium (OTC:CXOXF) Trading 3.3% Higher

Core Lithium Ltd (OTC:CXOXF)’s stock price was up 3.3% during trading on Monday . The stock traded as high as C$0.24 and last traded at C$0.22. Approximately 24,000 shares were traded during trading, a decline of 40% from the average daily volume of 40,203 shares. The stock had previously closed at C$0.21.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Core Lithium from a “sell” rating to a “neutral” rating in a research note on Sunday, August 20th.

Core Lithium Stock Up 3.3 %

The business’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.43.

About Core Lithium

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, silver, uranium, lead, zinc, rare earth elements, and base metals. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory; and Shoobridge Lithium, Anningie and Barrow Creek Lithium, Blueys and Inkheart Lead/Silver, the Bynoe Gold, and Napperby uranium projects located in the Northern Territory.