Frontier Lithium (CVE:FL) Stock Price Down 1.2% – Time to Sell?

Frontier Lithium Inc. (CVE:FL) was down 1.2% on Tuesday . The company traded as low as C$0.77 and last traded at C$0.80. Approximately 155,333 shares were traded during trading, a decline of 48% from the average daily volume of 297,289 shares. The stock had previously closed at C$0.81.

Frontier Lithium Price Performance

The stock has a 50 day simple moving average of C$0.87 and a two-hundred day simple moving average of C$0.77. The company has a market cap of C$184.45 million, a price-to-earnings ratio of -16.00 and a beta of 0.82. The company has a debt-to-equity ratio of -67.27, a current ratio of 0.37 and a quick ratio of 5.19.

About Frontier Lithium

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.