Critical Elements Lithium Co. (OTCMKTS:CRECF – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 76,697 shares, a growth of 214.0% from the May 14th total of 24,428 shares. Based on an average trading volume of 70,167 shares, the short-interest ratio is currently 1.1 days.
Critical Elements Lithium Trading Down 0.4%
CRECF stock opened at $0.27 on Friday. Critical Elements Lithium has a fifty-two week low of $0.24 and a fifty-two week high of $0.45. The business’s 50 day moving average price is $0.30 and its two-hundred day moving average price is $0.31.
About Critical Elements Lithium
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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