Lithium Ionic (OTCMKTS:LTHCF – Get Free Report) will likely be announcing its results after the market closes on Thursday, August 27th. Analysts expect the company to post earnings of ($0.0052) per share and revenue of $17.9840 million for the quarter.
Lithium Ionic Price Performance
LTHCF opened at $0.45 on Tuesday. The company’s 50 day moving average is $0.47 and its 200 day moving average is $0.66. Lithium Ionic has a 12-month low of $0.27 and a 12-month high of $1.06.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets downgraded shares of Lithium Ionic from an “outperform” rating to a “market perform” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Lithium Ionic has an average rating of “Hold”.
About Lithium Ionic
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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