Lake Resources NL (OTCMKTS:LLKKF) Brief Interest Update

Lake NL Resources (OTCMKTS: LLKKFGet a rating) was the target of a surge in short-term interest in April. As of April 15, there was short interest totaling 936,100 shares, a 197.6% increase from the March 31 total of 314,500 shares. Based on an average trading volume of 3,525,800 shares, the short-term interest rate ratio is currently 0.3 days.

Separately, Alliance Global Partners raised its price target on Lake Resources from $1.50 to $2.75 in a Tuesday, March 29 research report.

Shares of LLKKF Stock $0.01 traded on Friday, reaching $1.38. 534,901 shares of the stock traded in hands, compared to its average volume of 1,206,915. Lake Resources has a 1-year low of $0.16 and a 1-year high of $1.97. The company’s fifty-day moving average is $1.21 and its 200-day moving average is $0.85.

About Lake Resources (Get a rating)

Lake Resources NL explores and develops lithium brine projects in Argentina. Its flagship project is the 100% owned Kachi lithium brine project, which consists of 39 mining leases covering an area of ​​approximately 74,000 hectares located in the province of Catamarca, Argentina. The company was incorporated in 1997 and is based in Sydney, Australia.

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