Century Lithium (CVE:LCE) Reaches New 1-Year High – Should You Buy?

Century Lithium Corp. (CVE:LCE) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.59 and last traded at C$0.55, with a volume of 264994 shares. The stock had previously closed at C$0.47.

Century Lithium Stock Up 23.4%

The firm has a market capitalization of C$95.87 million, a PE ratio of -29.00 and a beta of 1.28. The firm’s fifty day simple moving average is C$0.31 and its 200-day simple moving average is C$0.30.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project. Century Lithium Corp. was formerly known as Cypress Development Corp.