Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) fell 13.1% during trading on Tuesday . The stock traded as low as C$1.05 and last traded at C$1.06. 133,249 shares traded hands during mid-day trading, an increase of 174% from the average session volume of 48,653 shares. The stock had previously closed at C$1.22.
Rock Tech Lithium Stock Performance
The firm has a 50-day simple moving average of C$1.19 and a 200 day simple moving average of C$1.22. The company has a market cap of C$114.41 million, a price-to-earnings ratio of -2.79 and a beta of 1.75. The company has a quick ratio of 4.68, a current ratio of 3.54 and a debt-to-equity ratio of 1.99.
About Rock Tech Lithium
Rock Tech Lithium Inc engages in the exploration and development of lithium properties. It holds a 100% interest in the Georgia Lake lithium project comprising 277 claim units and 41 mining leases located in the Thunder Bay Mining District of Ontario. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate.
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