How Far Will It Go? Brazil Minerals Inc (OTCMKTS:BMIX)

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

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI20-83.7873SellChaikin Money Flow-0.1523Sell
MACD-0.0016SellMoney Flow Index37.9121Sell
STOCH (14,3)15.1899OverSoldSTOCH RSI0.5093Buy
UO40.7995BuyWilliams %R-84.8101OverSold

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