Neo Lithium (OTCMKTS:NTTHF) Stock Jumps 0.4% – Here’s Why

Shares of Neo Lithium Corp. (OTCMKTS:NTTHF – Get Free Report) traded up 0.4% during mid-day trading on Thursday. The stock traded as high as $5.12 and last traded at $5.1004. 67,500 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 145,100 shares. The stock had previously closed at $5.08.

Neo Lithium Stock Performance

The company has a 50 day simple moving average of $5.10 and a 200 day simple moving average of $5.10.

Neo Lithium Company Profile

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Neo Lithium Corp. was a Canadian lithium exploration and development company focused on advancing lithium brine resources in Argentina. Its principal asset was the Tres Quebradas Lithium Project, also known as the 3Q Project, located in Catamarca Province in the country’s Puna region.

The 3Q Project was designed to produce lithium carbonate from brines using evaporation and processing facilities. Neo Lithium conducted exploration, resource development, environmental studies and project-related infrastructure work at the property, with the goal of developing a large-scale lithium production operation serving the global battery and energy-storage markets.

Neo Lithium was led by co-founder and Chief Executive Officer Waldo Perez during its period of development.

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