Charger Metals experienced a significant decrease in their shares, which fell about 44.7% to an all-time low of A$0.105.

The Lithium and battery metals exploration company reported discontinuous and low-grade occurrences of lithium ore spodumene at the Bynoe Lithium Project in the Northern Territory.

If these losses persist, Charger Metals would face its worst trading day ever.

An unusual trading volume was also noted with roughly 2.2 million shares exchanging hands, which vastly surmounts the 30-day average volume of 138,362.

Moreover, the company’s stocks have also slid down by 57.3% YTD, prior to the last closing.

Charger Metals is a company specialized in exploring lithium and battery metals.