Shares of Frontier Lithium Inc. (CVE:FL – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.40 and last traded at C$0.40, with a volume of 124,039 shares changing hands. The stock had previously closed at C$0.42.
Frontier Lithium Stock Performance
The stock has a market cap of C$100.23 million, a price-to-earnings ratio of -8.00 and a beta of 0.51. The company has a debt-to-equity ratio of -260.39, a current ratio of 0.63 and a quick ratio of 5.19. The firm has a fifty day moving average of C$0.43 and a 200 day moving average of C$0.51.
About Frontier Lithium
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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