Beyond Lithium Inc (OTCMKTS:BYDMF) Stock Gains momentum: But Why

Beyond Lithium Inc (OTCMKTS:BYDMF) is a company that may be worth tracking this week in light of the announcement that it made this past Friday. The company had announced on May 26 that its fully funded Phase 1 exploration program for 2023 was moving along on schedule and also within budget. The prospecting and sampling surveys regarding the exploration program had been completed at a number of properties.

Trading Data

On Friday, BYDMF stock surged 10.42% to $0.2650 with more than 3.50K shares traded, compared to volume of 2.13K shares. The stock moved within a range of $0.2425 – 0.2650 after opening trading at $0.2425.

Beyond Continues Expansive Sampling Campaign over Multiple Projects; Ongoing 2023 Phase 1 Exploration Program on Schedule and on Budget

However, sampling was going to continue over the coming weeks at some of the additional properties that the company has interests in, in Ontario. The samples collected during the program are being sent in to an accredited laboratory for the purpose of analysis. More sample submissions would happen as the exploration program continued.

Beyond Lithium also announced that it had further boosted the credentials of its technical team through the appointment of Graeme Evans as its Technical Advisor. Evans is a veteran geologist and is expected to bring considerable value in his role. Evans graduated with a degree in geology from the University of British Columbia and has worked in the mineral exploration industry in North America for more than four decades. Investors could keep an eye on the company’s stock today.