Frontier Lithium (OTCMKTS:LITOF) Shares Up 9.9% – Time to Buy?

Frontier Lithium Inc. (OTCMKTS:LITOFGet Free Report)’s stock price rose 9.9% during mid-day trading on Thursday . The company traded as high as $0.8406 and last traded at $0.8040. Approximately 259,584 shares were traded during mid-day trading, an increase of 133% from the average daily volume of 111,608 shares. The stock had previously closed at $0.7314.

Frontier Lithium Stock Performance

The business has a 50 day moving average of $0.53 and a two-hundred day moving average of $0.45.

Frontier Lithium Company Profile

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Frontier Lithium Corporation (OTCMKTS:LITOF) is a Canadian mineral exploration and development company focused on the acquisition, exploration and advancement of hard-rock lithium properties. The company’s primary objective is to establish a reliable supply of high-grade lithium spodumene concentrate to support the growing electric vehicle and battery storage markets. Frontier Lithium’s flagship asset is the PAK Project, a significant lithium pegmatite deposit in northwestern Ontario.

The PAK Project covers a contiguous land package of more than 13,000 hectares in the Ignace region near Thunder Bay.

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