Eureka Lithium Corp. (OTCMKTS:UREKF – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 4,057 shares, a decrease of 77.5% from the September 30th total of 17,993 shares. Based on an average daily volume of 18,208 shares, the days-to-cover ratio is presently 0.2 days.
Eureka Lithium Stock Performance
Shares of Eureka Lithium stock opened at $0.12 on Friday. Eureka Lithium has a 52 week low of $0.00 and a 52 week high of $0.91. The firm’s 50 day moving average is $0.19 and its two-hundred day moving average is $0.28.
Eureka Lithium Company Profile
Eureka Lithium Corp. is an exploration-stage mineral company focused on identifying and developing lithium resources in Canada. Its activities center on the acquisition, exploration and evaluation of mineral properties prospective for lithium-bearing pegmatites.
The company’s exploration portfolio is located primarily in Quebec’s James Bay region, an area known for its emerging hard-rock lithium potential. Eureka Lithium conducts geological mapping, sampling, geophysical surveys and drilling-related work as it evaluates the resource potential of its properties.
Eureka Lithium does not operate producing mines and remains focused on advancing its exploration projects through additional technical studies and field programs.
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