Business
Here’s why the Core Lithium (ASX:CXO) share price rocketed 45% higher today
The Core Lithium Ltd (ASX: CXO) share price has been an exceptionally strong performer again on Monday.
At one stage today, the lithium-focused mineral exploration company’s shares were up 45% to a record high of 21 cents.
When Core Lithium’s shares hit that level, it meant they were up 150% since Christmas Eve.
Why is the Core Lithium share price rocketing higher?
Core Lithium’s shares have been on fire over the last few trading days despite there being no news out of the company.
However, this strong rise has caught the eye of the Australian share market, leading to a please explain enquiry today.
Core Lithium responded by advising that it is “not aware of any information concerning CXO that has not been announced to the…
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