Frontier Lithium (CVE:FL) Shares Down 2.9% – Time to Sell?

Shares of Frontier Lithium Inc. (CVE:FLGet Free Report) traded down 2.9% on Monday . The stock traded as low as C$0.99 and last traded at C$1.02. 269,532 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 428,300 shares. The stock had previously closed at C$1.05.

Frontier Lithium Stock Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 4.15 and a quick ratio of 5.19. The stock has a market cap of C$223.65 million, a PE ratio of -19.40 and a beta of 1.41. The business has a 50 day moving average price of C$0.74 and a two-hundred day moving average price of C$0.62.

About Frontier Lithium

(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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