Lithium Ionic (OTCMKTS:LTHCF) Trading Down 2.9% – Should You Sell?

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report) shares fell 2.9% during mid-day trading on Friday . The stock traded as low as $0.7265 and last traded at $0.7543. 28,671 shares traded hands during trading, an increase of 51% from the average session volume of 18,925 shares. The stock had previously closed at $0.7770.

Lithium Ionic Stock Down 2.9%

The stock’s 50 day moving average price is $0.75 and its 200 day moving average price is $0.61.

About Lithium Ionic

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Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company's flagship properties include a 100% ownership in the Itinga lithium project that comprises seven mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province; and the Salinas project located in the northeastern part of Minas Gerais state. Lithium Ionic Corp. is headquartered in Toronto, Canada.

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