Ganfeng Lithium (OTCMKTS:GNENF) Trading Down 20.2%

Shares of Ganfeng Lithium Co., Ltd. (OTCMKTS:GNENF – Get Rating) fell 20.2% during mid-day trading on Monday . The stock traded as low as $10.50 and last traded at $10.60. 20,400 shares were traded during trading, an increase of 19% from the average session volume of 17,116 shares. The stock had previously closed at $13.29.

The company’s fifty day moving average price is $8.97 and its 200-day moving average price is $10.21.

Ganfeng Lithium Company Profile (OTCMKTS:GNENF)

Ganfeng Lithium Co, Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; Avalonia project located in Ireland; Qinghai Yiliping lithium salt lake project situated in the Qinghai Province; and Goulamina spodumene ore project located in southern Mali, Africa.

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