Shares of Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.57 and last traded at C$0.58, with a volume of 50,235 shares. The stock had previously closed at C$0.63.
Rock Tech Lithium Stock Down 6.3%
The firm has a market cap of C$72 million, a price-to-earnings ratio of -6.00 and a beta of -0.10. The business has a fifty day simple moving average of C$0.67 and a 200 day simple moving average of C$0.80. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.02 and a quick ratio of 4.68.
Rock Tech Lithium Company Profile
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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