Century Lithium (CVE:LCE) Trading Down 22.1% – Here’s What Happened

Shares of Century Lithium Corp. (CVE:LCE) dropped 22.1% during mid-day trading on Wednesday . The company traded as low as C$0.37 and last traded at C$0.41. Approximately 321,933 shares were traded during mid-day trading, an increase of 53% from the average daily volume of 210,838 shares. The stock had previously closed at C$0.52.

Century Lithium Stock Down 22.1%

The company has a 50 day moving average price of C$0.55 and a 200-day moving average price of C$0.38. The company has a market cap of C$66.94 million, a P/E ratio of -20.25 and a beta of 0.28.

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.