Century Lithium (CVE:LCE) Stock Price Up 28.8% – Time to Buy?

Century Lithium Corp. (CVE:LCE) shares rose 28.8% on Friday . The company traded as high as C$0.39 and last traded at C$0.38. Approximately 565,262 shares were traded during mid-day trading, an increase of 317% from the average daily volume of 135,417 shares. The stock had previously closed at C$0.30.

Century Lithium Stock Performance

The firm has a market capitalization of C$62.81 million, a price-to-earnings ratio of -19.00 and a beta of 1.38. The business has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.29.

Insider Buying and Selling

In other Century Lithium news, Director James Gaydon Pettit sold 100,000 shares of Century Lithium stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of C$0.31, for a total transaction of C$31,000.00. Following the transaction, the director directly owned 837,100 shares of the company’s stock, valued at C$259,501. The trade was a 10.67% decrease in their ownership of the stock. 4.25% of the stock is owned by corporate insiders.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project. Century Lithium Corp. was formerly known as Cypress Development Corp.