Shares of Millennial Lithium Corp. (CVE:ML – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$4.04 and traded as low as C$3.62. Millennial Lithium shares last traded at C$4.04, with a volume of 832,799 shares traded.
Millennial Lithium Stock Performance
The company has a quick ratio of 38.73, a current ratio of 38.93 and a debt-to-equity ratio of 0.12. The company has a market cap of C$395.36 million and a PE ratio of -20.20. The stock’s 50 day simple moving average is C$4.04 and its two-hundred day simple moving average is C$4.04.
About Millennial Lithium
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp. in June 2016. The company was incorporated in 2005 and is headquartered in West Vancouver, Canada.
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