Frontier Lithium (CVE:FL) Stock Price Up 1.4% – Here’s Why

Frontier Lithium Inc. (CVE:FLGet Free Report) was up 1.4% during mid-day trading on Wednesday . The stock traded as high as C$0.71 and last traded at C$0.71. Approximately 86,684 shares traded hands during trading, a decline of 33% from the average daily volume of 128,624 shares. The stock had previously closed at C$0.70.

Frontier Lithium Stock Performance

The company has a market cap of C$163.70 million, a P/E ratio of -14.20 and a beta of 1.28. The business has a 50 day moving average price of C$0.70 and a two-hundred day moving average price of C$0.59. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.19 and a current ratio of 4.15.

Frontier Lithium Company Profile

(Get Free Report)

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.

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