Brazil Minerals Inc (OTCMKTS:BMIX) stock ended with a mild gain on Thursday after the news.
Market Action
BMIX stock ended Thursday at $0.014, up by 0.72%. More than 22.70 million shares traded hands, below its 30-day average of 19.93 million shares. The stock opened at $0.0146 and moved within a range of $0.0131 – 0.0152.
BMIX Released News
Brazil Minerals Obtains Additional Lithium Exploration Permit
- BMIX announced that yesterday the Brazilian mining department awarded it a new 4,708-acre lithium exploration permit in Minas Gerais, Brazil.
- Brazil Minerals owns 100% of two large hard-rock lithium projects, one in Minas Gerais and another in Brazil’s Northeast region.
- The Company has recently expanded its geological team with a highly-experienced additional lithium expert to increase the speed and scope of its development. Brazil Minerals now has a satellite office at its Minas Gerais lithium project.
Trader Notes
Recent Stock Performance
| 5-DAY PERF. | +3.70% |
| 1-MONTH PERF. | +6.06% |
| 3-MONTH PERF. | -53.95% |
| 6-MONTH PERF. | +1650.00% |
| YTD PERF. | +900.00% |
| 1-YEAR PERF. | +900.00% |
Moving Averages
| +/- EMA(20) | 0.0153 (-8.50%) |
| +/- SMA(50) | 0.0172 (-18.60%) |
| +/- SMA(200) | 0.0103 (+35.92%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 0.0109 | 0.0120 | 0.0130 | 0.0141 | 0.0151 | 0.0162 | 0.0172 |
| Fibonacci | 0.0120 | 0.0128 | 0.0133 | 0.0141 | 0.0149 | 0.0154 | 0.0162 |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 22.9264 | Neutral | ATR14 | 0.0029 | |
| CCI20 | -83.7873 | Sell | Chaikin Money Flow | -0.1523 | Sell |
| MACD | -0.0016 | Sell | Money Flow Index | 37.9121 | Sell |
| ROC | -18.6047 | Sell | RSI | 43.2643 | Sell |
| STOCH (14,3) | 15.1899 | OverSold | STOCH RSI | 0.5093 | Buy |
| UO | 40.7995 | Buy | Williams %R | -84.8101 | OverSold |
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