Shares of Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) traded up 17.4% during mid-day trading on Friday . The stock traded as high as C$1.08 and last traded at C$1.08. 53,965 shares changed hands during trading, a decline of 23% from the average session volume of 70,224 shares. The stock had previously closed at C$0.92.
Rock Tech Lithium Price Performance
The firm’s 50 day simple moving average is C$0.79 and its two-hundred day simple moving average is C$0.87. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.50 and a quick ratio of 4.68. The firm has a market capitalization of C$132.63 million, a P/E ratio of -10.45 and a beta of 0.84.
About Rock Tech Lithium
Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.
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