Lake Resources NL (OTCMKTS:LLKKF – Get Rating) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 6,008,000 shares, a growth of 11.2% from the November 30th total of 5,401,800 shares. Based on an average trading volume of 450,000 shares, the days-to-cover ratio is currently 13.4 days.
Lake Resources Stock Down 3.0 %
Lake Resources stock opened at $0.50 on Wednesday. Lake Resources has a twelve month low of $0.37 and a twelve month high of $1.97. The stock has a 50 day moving average of $0.63 and a two-hundred day moving average of $0.66.
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Lake Resources NL explores for and develops lithium brine projects in Argentina. Its flagship project is its 100% owned the Kachi lithium brine project that consists of 39 mining leases covering an area of approximately 74,000 hectares located in Catamarca province, Argentina. Lake Resources NL was incorporated in 1997 and is based in Sydney, Australia.Further Reading
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