Rock Tech Lithium (CVE:RCK) Hits New 12-Month Low – What’s Next?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.65 and last traded at C$0.65, with a volume of 36350 shares trading hands. The stock had previously closed at C$0.69.

Rock Tech Lithium Price Performance

The firm has a fifty day moving average price of C$0.82 and a two-hundred day moving average price of C$0.92. The stock has a market capitalization of C$79.20 million, a P/E ratio of -6.00 and a beta of 0.15. The company has a debt-to-equity ratio of 0.99, a quick ratio of 4.68 and a current ratio of 2.54.

Rock Tech Lithium Company Profile

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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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