Sayona Mining Limited (OTCMKTS:SYAXF – Get Free Report)’s stock price was up 5.6% on Wednesday. The stock traded as high as $3.80 and last traded at $3.80. Approximately 918 shares were traded during trading, a decline of 93% from the average session volume of 13,096 shares. The stock had previously closed at $3.60.
Sayona Mining Price Performance
The stock’s 50 day moving average price is $5.22 and its 200-day moving average price is $6.55.
About Sayona Mining
Sayona Mining Limited is an Australian mineral resources company focused on the exploration, development and production of lithium. Its principal product is spodumene concentrate, a lithium-bearing mineral used in the manufacture of lithium-ion batteries for electric vehicles and energy-storage systems.
The company’s primary asset has been the North American Lithium operation in Quebec, Canada, which includes an open-pit mine and processing facilities near La Corne. Sayona has also pursued additional lithium development opportunities in Quebec, including the Authier Lithium Project, and has maintained a portfolio of exploration interests in Australia.
Sayona’s strategy has centered on establishing an integrated North American lithium supply chain and serving battery-materials markets in North America and beyond.
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