Ganfeng Lithium Group (OTCMKTS:GNENF) Trading Down 6.9% – What’s Next?

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENF) shares traded down 6.9% during trading on Thursday . The stock traded as low as $2.84 and last traded at $2.92. 26,800 shares changed hands during trading, an increase of 165% from the average session volume of 10,110 shares. The stock had previously closed at $3.14.

Ganfeng Lithium Group Stock Performance

The firm has a 50 day simple moving average of $2.94 and a 200 day simple moving average of $2.53.

Ganfeng Lithium Group Company Profile

Ganfeng Lithium Group 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; Goulamina spodumene ore project located in southern Mali, Africa; PPG lithium salt-lake project located in Salta Province, Argentina; and Songshugang tantalum-niobium mine project located in Jiangxi Province.