Neometals (OTCMKTS:RDRUY) Trading Down 40.9% – Should You Sell?

Shares of Neometals Ltd (OTCMKTS:RDRUYGet Free Report) were down 40.9% during trading on Tuesday . The company traded as low as C$0.52 and last traded at C$0.52. Approximately 100 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 611 shares. The stock had previously closed at C$0.87.

Neometals Stock Performance

The firm’s 50 day moving average is C$0.75 and its two-hundred day moving average is C$0.66.

Neometals Company Profile

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Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

Further Reading

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