Lake Resources NL (OTCMKTS:LLKKF – Get Rating) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 5,971,800 shares, a drop of 7.2% from the January 15th total of 6,436,700 shares. Based on an average daily volume of 394,100 shares, the short-interest ratio is presently 15.2 days.
Lake Resources Stock Performance
LLKKF stock opened at $0.44 on Friday. The firm has a 50 day moving average of $0.55 and a 200-day moving average of $0.66. Lake Resources has a 12-month low of $0.37 and a 12-month high of $1.97.
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Lake Resources NL, is a lithium exploration company, which is focused on exploring lithium basins and pegmatites in Argentina. Its projects include Olaroz, Cauchari, Paso, located in Jujuy and Kachi located in Catamarca provinces. The company was founded on July 24, 1997 and is headquartered in Sydney, Australia.
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