Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price dropped 21.5% on Monday. The company traded as low as C$0.58 and last traded at C$0.62. 161,494 shares changed hands during trading, an increase of 200% from the average daily volume of 53,844 shares. The stock had previously closed at C$0.79.
Rock Tech Lithium Stock Performance
The company has a market cap of C$84.55 million, a PE ratio of -6.40 and a beta of -0.10. The company has a current ratio of 1.02, a quick ratio of 4.68 and a debt-to-equity ratio of 0.89. The business has a fifty day moving average of C$0.67 and a 200-day moving average of C$0.79.
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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