Bacanora Lithium (BCN) Trading Down 9.3%

Bacanora Lithium PLC (LON:BCN) shares were down 9.3% during trading on Thursday . The company traded as low as GBX 19.50 ($0.25) and last traded at GBX 19.50 ($0.25). Approximately 286,276 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 279,426 shares. The stock had previously closed at GBX 21.50 ($0.28).

Separately, VSA Capital restated a “buy” rating on shares of Bacanora Lithium in a report on Wednesday.

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Bacanora Lithium Company Profile (LON:BCN)

Bacanora Lithium Plc engages in the identification, acquisition, exploration, and development of mineral properties. It explores for battery grade lithium carbonates and borates. The company primarily holds 100% interest in the Sonora Lithium project, which consists of seven mining concessions located in northern Mexico; and the 50% interest in the Zinnwald Lithium project that consists of 7 mining concessions covering an area of 256.5 hectares located in the Alterberg-Zinnwald region of the Eastern Ore Mountains in Germany.

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