Critical Elements Lithium (OTCMKTS:CRECF) Trading Down 6.7% – Should You Sell?

Critical Elements Lithium Co. (OTCMKTS:CRECFGet Free Report)’s share price dropped 6.7% during trading on Thursday . The company traded as low as $0.3457 and last traded at $0.35. Approximately 133,931 shares changed hands during trading, an increase of 159% from the average daily volume of 51,770 shares. The stock had previously closed at $0.3750.

Critical Elements Lithium Stock Down 6.7%

The firm has a 50 day simple moving average of $0.30 and a two-hundred day simple moving average of $0.32.

About Critical Elements Lithium

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Critical Elements Lithium Corporation (OTCMKTS: CRECF) is a Canadian mineral exploration and development company focused on advancing high-grade lithium and tantalum assets for the global battery market. Headquartered in Montreal, the company’s primary objective is to bring its flagship Rose Lithium-Tantalum project in the James Bay region of Quebec into commercial production. Critical Elements Lithium seeks to leverage the growing demand for lithium-ion batteries by developing a reliable North American source of battery-grade lithium concentrate.

The Rose project hosts one of the highest-grade hard-rock lithium deposits in Canada and is supported by extensive drilling, metallurgical testing and preliminary economic assessments.

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