Welsbach Technology Metals Acquisition (NASDAQ:WTMAR) Trading Up 35% – Still a Buy?

Shares of Welsbach Technology Metals Acquisition Corp. (NASDAQ:WTMARGet Free Report) rose 35% during mid-day trading on Thursday . The company traded as high as $0.14 and last traded at $0.14. Approximately 403 shares were traded during trading, a decline of 98% from the average daily volume of 18,038 shares. The stock had previously closed at $0.10.

Welsbach Technology Metals Acquisition Stock Performance

The company has a 50 day simple moving average of $0.11 and a 200 day simple moving average of $0.13.

About Welsbach Technology Metals Acquisition

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Welsbach Technology Metals Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology metals and energy transition metals sectors.

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