Bearing Lithium Corp. (CVE:BRZ – Get Free Report)’s stock price was up 1.8% on Wednesday . The company traded as high as C$0.28 and last traded at C$0.28. 19,000 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 87,062 shares. The stock had previously closed at C$0.28.
Bearing Lithium Stock Performance
The company has a debt-to-equity ratio of 0.35, a current ratio of 22.40 and a quick ratio of 22.04. The company has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.28. The firm has a market cap of C$31.08 million and a PE ratio of 1.24.
About Bearing Lithium
Bearing Lithium Corp. operates as a lithium-focused mineral exploration and development company. The company primarily explores for lithium and potassium deposits. It owns 17.14% in the Maricunga lithium brine project that comprises 4,463 hectares of old code and new code tenements covering a portion of the Maricunga Salar in northern Chile. The company is based in Vancouver, Canada. As of December 22, 2022, Bearing Lithium Corp. operates as a subsidiary of Lithium Power International Limited.
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