Neo Lithium Corp. (CVE:NLC – Get Free Report)’s stock price shot up 0.1% on Tuesday. The stock traded as high as C$6.50 and last traded at C$6.50. 88,215 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 361,891 shares. The stock had previously closed at C$6.49.
Neo Lithium Stock Up 0.1%
The stock has a market capitalization of C$958.79 million and a price-to-earnings ratio of 43.89. The company has a quick ratio of 20.20, a current ratio of 20.31 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average is C$6.50 and its two-hundred day moving average is C$6.50.
Neo Lithium Company Profile
Neo Lithium Corp., a lithium brine exploration company, engages in the exploration and development of resource properties. It explores for lithium deposits. It owns a 100% interest in the Tres Quebradas (3Q) project covering an area of approximately 35,000 hectares, including a salar complex of approximately 16,000 hectares located in Catamarca Province, Argentina. Neo Lithium Corp. was incorporated in 2016 and is headquartered in Toronto, Canada. As of January 26, 2022, Neo Lithium Corp. operates as a subsidiary of Zijin Mining Group Company Limited.
Further Reading
- Five stocks we like better than Neo Lithium
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Receive News & Ratings for Neo Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neo Lithium and related companies with MarketBeat.com's FREE daily email newsletter.
