Lion Copper and Gold Corp (OTCMKTS:LCGMF) Stock Continues to See Selling Pressure

Over the course of the past week, Lion Copper and Gold Corp (OTCMKTS:LCGMF) stock has been in the middle of a bit of a downward spiral and has recorded a decline of as much as 11%.

Market Stats

On Monday, LCGMF stock fell 2.44% to $0.12 with more than 75K shares, compared to its average volume of 101k shares. The stock has moved within a range of $0.1175 – 0.1240 after opening trading at $0.1240.

Lion Copper and Gold Corp. Announces Appointment of New Director

In light of such a decline, it may be a good time for investors to possibly figure out if the decline in the stock could in fact be an opportunity. In this context, it could be a good move to take a closer look at the announcement made by Lion Copper and Gold on Monday.

The company came into sharp focus on Monday after it announced that Thomas Pressello had been appointed as one of the members of the Board of Directors at Lion Copper and Gold. It is an important appointment for the company considering the fact that Pressello has been working in commercial as well as corporate finance for more than a quarter of a century.

Not too long ago, Pressello had been employed at one of the biggest banks in Canada and at that particular position he had been responsible for the restructuring of a number of real estate portfolios worth more than $100 million.