Frontier Lithium Inc. (CVE:FL – Get Free Report) shares reached a new 52-week low during trading on Monday. The company traded as low as C$0.38 and last traded at C$0.38, with a volume of 97,169 shares trading hands. The stock had previously closed at C$0.38.
Frontier Lithium Stock Down 1.4%
The company has a 50-day moving average of C$0.42 and a two-hundred day moving average of C$0.59. The company has a quick ratio of 5.19, a current ratio of 0.63 and a debt-to-equity ratio of -260.39. The company has a market capitalization of C$88.95 million, a P/E ratio of -7.10 and a beta of 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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