Neometals Ltd (OTCMKTS:RDRUY – Get Free Report)’s stock price dropped 15% during trading on Thursday . The company traded as low as C$0.34 and last traded at C$0.34. Approximately 100 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 611 shares. The stock had previously closed at C$0.40.
Neometals Stock Performance
The company’s 50 day simple moving average is C$0.57 and its two-hundred day simple moving average is C$0.60.
Neometals Company Profile
Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.
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