Sayona Mining Limited (OTCMKTS:SYAXF – Get Free Report) shares were down 13.7% during mid-day trading on Friday . The company traded as low as $4.34 and last traded at $4.34. Approximately 5,734 shares were traded during trading, a decline of 77% from the average daily volume of 24,962 shares. The stock had previously closed at $5.0280.
Sayona Mining Trading Down 13.7%
The stock has a fifty day simple moving average of $4.94 and a two-hundred day simple moving average of $3.36.
About Sayona Mining
Sayona Mining Inc (OTCMKTS:SYAXF) is a mineral exploration and development company focused on advancing high-grade lithium projects in North America and Australia. The company’s principal activities include the exploration, evaluation and development of lithium deposits to supply the growing demand for lithium-ion batteries in electric vehicles and energy storage systems. Sayona aims to establish a vertically integrated supply chain for lithium concentrate production and downstream processing.
In Canada, Sayona Mining controls several key projects in the province of Quebec, including the fully permitted Authier Lithium Project and the Moblan Lithium Project near the James Bay region.
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