Closing Bell: Lithium Ionic Corp down on Thursday (LTH)

In market activity today, Lithium Ionic Corp shares closed at $0.59 after opening the day at $0.61. prices ranged from $0.59 to $0.61.

Share prices eased -4.84% from the previous day's close of $0.62.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Lithium Ionic Corp has listed on the Toronto Venture Exchange (TSX-V) under the ticker LTH.

A total of 85,172 shares was traded during the last trading day, with total trades of 74. On average, Lithium Ionic Corp has traded 157,177 shares over 5 days and 427,406 year-to-date.

The TSX-V overall saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, LTH.VN has traded as high as $2.70 (August 02,2023) and low as $0.51 (July 03,2024). Moreover, in the last 52 weeks, Lithium Ionic Corp's shares have plummeted -74.79 percent, while they have shrunken -66.29% since the start of 2024.

Following today's trading, Lithium Ionic Corp has a market capitalization of $98.24 million on a float of 158,455 shares outstanding. Its annual EPS is $-0.33.

Lithium Ionic Corp is a TSX Industrial Metals Minerals company headquartered in Toronto, CAN.

Currently, Lithium Ionic Corp has an average recommendation of "Moderate Buy" based on 4.00 analysts according to Zacks. Currently, there are 4 buy ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..