Leading Edge Materials (OTCMKTS:LEMIF) Shares Up 31.4% – Time to Buy?

Leading Edge Materials Corp. (OTCMKTS:LEMIFGet Free Report)’s share price rose 31.4% on Monday . The stock traded as high as $0.12 and last traded at $0.11. Approximately 234,600 shares were traded during trading, an increase of 144% from the average daily volume of 95,953 shares. The stock had previously closed at $0.09.

Leading Edge Materials Price Performance

The stock’s 50 day moving average is $0.07 and its two-hundred day moving average is $0.07.

About Leading Edge Materials

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Leading Edge Materials Corp. engages in the exploration and development of resource properties in Canada, Sweden, and Romania. It primarily explores for graphite, lithium, nickel, cobalt, and rare earth elements. The company holds a 100% interest in the Woxna graphite project that includes four concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg located in Gavleborg County, central Sweden.

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