Lake Resources NL (OTCMKTS:LLKKF – Get Free Report) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 260,891 shares, a growth of 4,093.0% from the October 15th total of 6,222 shares. Based on an average daily volume of 423,319 shares, the short-interest ratio is currently 0.6 days.
Lake Resources Price Performance
Shares of OTCMKTS LLKKF opened at $0.02 on Thursday. The business has a 50-day moving average of $0.03 and a 200-day moving average of $0.05. Lake Resources has a 12 month low of $0.01 and a 12 month high of $0.11.
Lake Resources Company Profile
Lake Resources N.L. is an Australia-based lithium exploration and development company focused on projects in Argentina. Its work centers on lithium-rich brines in the country’s northwest, part of South America’s “Lithium Triangle.” The company’s flagship project is Kachi, in Catamarca Province. Lake is advancing the project as a potential source of battery-grade lithium carbonate and has pursued direct lithium extraction (DLE) technology to recover lithium from brine. Lake Resources is a project developer rather than an established lithium producer.
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