The stock of Lithium X Energy Corp (CVE:LIX) is a huge mover today! The stock decreased 3.56% or $0.08 on September 13, hitting $2.17. About 224,975 shares traded hands. Lithium X Energy Corp (CVE:LIX) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 6 months negative chart setup for the $142.05M company. It was reported on Sep, 13 by Barchart.com. We have $1.89 PT which if reached, will make CVE:LIX worth $18.47 million less.
Lithium X Energy Corp, formerly Royce Resources Corp., is a Canada lithium resource explorer and developer with a focus on becoming a supplier for the burgeoning lithium battery industry. The company has a market cap of $142.05 million. The Company’s Sal de los Angeles project is situated in the Lithium Triangle in Salta Province, Argentina. It currently has negative earnings. The project is comprised approximately on 8,156 hectares covering the nucleus of Salar de Diablillos.
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