Sayona Mining (OTCMKTS:SYAXF) Trading 2.2% Higher – Time to Buy?

Sayona Mining Limited (OTCMKTS:SYAXFGet Free Report)’s stock price rose 2.2% on Thursday . The company traded as high as $8.96 and last traded at $8.94. Approximately 1,092 shares were traded during trading, a decline of 91% from the average daily volume of 12,137 shares. The stock had previously closed at $8.75.

Sayona Mining Stock Performance

The stock has a 50 day moving average of $8.29 and a 200 day moving average of $6.26.

About Sayona Mining

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Sayona Mining Inc (OTCMKTS:SYAXF) is a mineral exploration and development company focused on advancing high-grade lithium projects in North America and Australia. The company’s principal activities include the exploration, evaluation and development of lithium deposits to supply the growing demand for lithium-ion batteries in electric vehicles and energy storage systems. Sayona aims to establish a vertically integrated supply chain for lithium concentrate production and downstream processing.

In Canada, Sayona Mining controls several key projects in the province of Quebec, including the fully permitted Authier Lithium Project and the Moblan Lithium Project near the James Bay region.

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