Connect with us

Business

Why is the Neometals (ASX:NMT) share price in a trading halt today?

Published

on

The Neometals Ltd (ASX: NMT) share price is not going anywhere today after a trading halt was placed on the company’s shares. The Neometals share price has spent the last few days, and months for that matter, climbing enthusiastically.

Yesterday, Neometals was up almost 9% to a new 52-week high of 56 cents a share. Year to date, the company is up more than 90%, and over the past 12 months, 250%.

Neometals is an ASX lithium exploration company. The company owns a refinery project in India. In addition, Neometals owns recycling operations that extract lithium and vanadium from batteries and steel slag.

So what happened this morning?

Well,…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Bungle Bungles dispute rumbles on, a ‘handbrake’ on UNESCO-listed Purnululu park’s potential – ABC News
2 excellent mid cap ASX shares rated as buys