Lithium Chile (OTCMKTS:LTMCF) Trading Down 3% – Time to Sell?

Lithium Chile Inc. (OTCMKTS:LTMCFGet Free Report) shares dropped 3% during mid-day trading on Friday . The company traded as low as $0.45 and last traded at $0.47. Approximately 26,464 shares were traded during trading, an increase of 37% from the average daily volume of 19,342 shares. The stock had previously closed at $0.48.

Lithium Chile Stock Performance

The firm’s 50 day simple moving average is $0.49 and its 200 day simple moving average is $0.46.

About Lithium Chile

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Lithium Chile Inc engages in the acquisition and development of lithium properties in Chile and Argentina. The company also explores for gold, silver, and copper deposits. It holds interests in a lithium property portfolio consisting of approximately 111,978 hectares in Chile and 20,800 hectares in Argentina; and owns 5 properties totaling 21,329 hectares in Chile.

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