A Reversal for Neo Lithium Corp Is Not Near. The Stock Declines Again

 A Reversal for Neo Lithium Corp Is Not Near. The Stock Declines Again

The stock of Neo Lithium Corp (CVE:NLC) is a huge mover today! About 356,150 shares traded hands or 4.16% up from the average. Neo Lithium Corp (CVE:NLC) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 8 months negative chart setup for the $76.28 million company. It was reported on Nov, 3 by Barchart.com. We have $1.01 PT which if reached, will make CVE:NLC worth $10.68 million less.

More notable recent Neo Lithium Corp (CVE:NLC) news were published by: Marketwired.com which released: “Neo Lithium Corp. Announces Completion of Qualifying Transaction and …” on July 19, 2016, also Business.Financialpost.com with their article: “As lithium market booms, explorer Neo Lithium Corp eyes Toronto listing” published on July 04, 2016, Marketwatch.com published: “POCML 3 Inc. Enters Into Binding Definitive Agreement With Neo Lithium Corp …” on April 08, 2016. More interesting news about Neo Lithium Corp (CVE:NLC) were released by: Marketwired.com and their article: “Neo Lithium Wins Prestigious Award” published on September 28, 2016 as well as Marketwired.com‘s news article titled: “POCML 3 and Neo Lithium Announce Completion of $11450000 Financing” with publication date: May 12, 2016.

Neo Lithium Corp is a Canada-based company that holds mineral and surface rights over a discovered lithium salar and brine-reservoir complex in Argentina containing a lithium-rich brine reservoir. The company has a market cap of $76.28 million. The Company’s property is located approximately 250 kilometers to a deep water port in Chile. It currently has negative earnings.

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