Rock Tech Lithium Inc. (OTCMKTS:RCKTF – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 164,626 shares, a growth of 8,871.4% from the October 15th total of 1,835 shares. Based on an average trading volume of 2,563 shares, the days-to-cover ratio is presently 64.2 days.
Rock Tech Lithium Stock Up 19.2%
RCKTF traded up C$0.06 during trading on Tuesday, hitting C$0.40. 549 shares of the stock traded hands, compared to its average volume of 2,776. Rock Tech Lithium has a twelve month low of C$0.33 and a twelve month high of C$0.93. The business has a 50 day moving average price of C$0.46 and a 200 day moving average price of C$0.59.
Rock Tech Lithium Company Profile
Rock Tech Lithium Inc. is a Canadian company focused on developing lithium products for the electric-vehicle and energy-storage supply chains. Its business strategy links hard-rock lithium resources with conversion facilities that can produce battery-grade lithium hydroxide. The company is advancing the Georgia Lake lithium project in Ontario, Canada, which is intended to provide spodumene concentrate, a lithium-bearing mineral. Rock Tech is also developing a lithium hydroxide converter in Guben, Germany, designed to process concentrate into material for battery manufacturers.
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