Dajin Lithium (CVE:DJI) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Dajin Lithium Corp. (CVE:DJIGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.75 and traded as high as C$0.75. Dajin Lithium shares last traded at C$0.75, with a volume of 4,571 shares trading hands.

Dajin Lithium Stock Down 2.6%

The company has a quick ratio of 0.08, a current ratio of 0.14 and a debt-to-equity ratio of 7.99. The stock has a market cap of C$12.32 million and a price-to-earnings ratio of -15.96. The business’s fifty day moving average is C$0.75 and its two-hundred day moving average is C$0.75.

About Dajin Lithium

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Dajin Lithium Corp., together with its subsidiaries, primarily engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Argentina. It explores for lithium, potash, and boron minerals. The company holds a 100% interest in Teels Marsh Project that covers 403 placer mineral claims covering an area of approximately 3,202 hectares located in the Teels Marsh valley of Mineral County, Nevada; and Alkali Lake project, which includes 62 placer mineral claims situated in the Alkali Spring valley of Esmeralda county, Nevada.

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