Frontier Lithium Inc. (CVE:FL – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.40 and last traded at C$0.40, with a volume of 124,039 shares changing hands. The stock had previously closed at C$0.42.
Frontier Lithium Price Performance
The firm has a market capitalization of C$97.72 million, a PE ratio of -7.80 and a beta of 0.51. The company has a debt-to-equity ratio of -260.39, a quick ratio of 5.19 and a current ratio of 0.63. The business’s 50 day moving average is C$0.43 and its two-hundred day moving average is C$0.51.
Frontier Lithium Company Profile
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.
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