Neometals (OTCMKTS:RDRUY) Stock Price Down 0.8% – Should You Sell?

Neometals Ltd (OTCMKTS:RDRUYGet Free Report) traded down 0.8% during mid-day trading on Thursday . The company traded as low as C$0.40 and last traded at C$0.40. 111 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 611 shares. The stock had previously closed at C$0.40.

Neometals Trading Down 0.8%

The stock’s 50-day simple moving average is C$0.40 and its 200-day simple moving average is C$0.42.

About Neometals

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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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