Shares of Frontier Lithium Inc. (CVE:FL – Get Free Report) reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.34 and last traded at C$0.35, with a volume of 74,068 shares traded. The stock had previously closed at C$0.36.
Frontier Lithium Price Performance
The stock has a market capitalization of C$87.20 million, a price-to-earnings ratio of -6.96 and a beta of 0.04. The company has a 50 day moving average of C$0.41 and a 200 day moving average of C$0.58. The company has a quick ratio of 5.19, a current ratio of 0.63 and a debt-to-equity ratio of -260.39.
About Frontier Lithium
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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