Shares of Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.98 and traded as low as C$0.97. Rock Tech Lithium shares last traded at C$0.97, with a volume of 8,754 shares changing hands.
Rock Tech Lithium Stock Performance
The company has a current ratio of 2.33, a quick ratio of 4.68 and a debt-to-equity ratio of 1.37. The stock has a market cap of C$111.87 million, a price-to-earnings ratio of -8.82 and a beta of -0.22. The stock’s 50 day moving average is C$0.98 and its two-hundred day moving average is C$0.88.
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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