Shares of Neometals Ltd (OTCMKTS:RDRUY – Get Free Report) rose 20% on Thursday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 2,000 shares traded hands during trading, an increase of 227% from the average daily volume of 611 shares. The stock had previously closed at C$0.25.
Neometals Trading Up 20.0%
The business has a 50-day moving average of C$0.31 and a two-hundred day moving average of C$0.37.
About Neometals
Neometals Ltd (OTCMKTS: RDRUY) is a Australia-based company specializing in sustainable battery materials and resource recovery. The company’s core activities span lithium refining and vanadium extraction from mineral sands, as well as commercial‐scale lithium‐ion battery recycling. Neometals leverages proprietary technologies to recover critical metals from both ore deposits and end‐of‐life batteries, aiming to support cleaner energy markets and reduce reliance on traditional mining practices.
One of Neometals’ flagship initiatives is its partnership with SMS group GmbH through the Primobius joint venture, which operates a demonstration lithium‐ion battery recycling plant in Germany.
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