Neo Lithium Corp. (CVE:NLC – Get Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$6.50 and traded as high as C$6.50. Neo Lithium shares last traded at C$6.50, with a volume of 88,215 shares.
Neo Lithium Stock Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 20.31 and a quick ratio of 20.20. The stock has a market cap of C$958.79 million and a price-to-earnings ratio of 43.89. The stock’s 50-day moving average is C$6.50 and its 200 day moving average is C$6.50.
Neo Lithium Company Profile
Neo Lithium Corp., a lithium brine exploration company, engages in the exploration and development of resource properties. It explores for lithium deposits. It owns a 100% interest in the Tres Quebradas (3Q) project covering an area of approximately 35,000 hectares, including a salar complex of approximately 16,000 hectares located in Catamarca Province, Argentina. Neo Lithium Corp. was incorporated in 2016 and is headquartered in Toronto, Canada. As of January 26, 2022, Neo Lithium Corp. operates as a subsidiary of Zijin Mining Group Company Limited.
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