Frontier Lithium Inc. (CVE:FL – Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$0.42 and last traded at C$0.42, with a volume of 81593 shares. The stock had previously closed at C$0.43.
Frontier Lithium Stock Down 2.4%
The company has a quick ratio of 5.19, a current ratio of 0.37 and a debt-to-equity ratio of -50.22. The company has a market capitalization of C$100.23 million, a price-to-earnings ratio of -8.00 and a beta of 0.82. The stock’s fifty day moving average price is C$0.51 and its 200-day moving average price is C$0.72.
Frontier Lithium Company Profile
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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