Leading Edge Materials (OTCMKTS:LEMIF) Shares Up 8.9% – What’s Next?

Leading Edge Materials Corp. (OTCMKTS:LEMIF)’s share price traded up 8.9% on Thursday . The stock traded as high as $0.21 and last traded at $0.21. 13,140 shares were traded during mid-day trading, a decline of 85% from the average session volume of 90,453 shares. The stock had previously closed at $0.1928.

Leading Edge Materials Stock Performance

The business has a 50 day simple moving average of $0.18 and a 200 day simple moving average of $0.16.

Leading Edge Materials Company Profile

Leading Edge Materials (OTCMKTS:LEMIF) is a resource company focused on the exploration and development of critical metals that play a key role in the transition to clean energy. The company’s primary activities center on advanced-stage projects for graphite and rare earth elements, as well as early‐stage exploration assets targeting lithium and other technology metals. Through a combination of strategic acquisitions and greenfield discoveries, Leading Edge Materials aims to establish itself as a reliable supplier of battery‐grade raw materials to global markets.

The company’s flagship asset is the Woxna Graphite Mine in central Sweden, one of Europe’s few operating graphite deposits.