Century Lithium (CVE:LCE) Shares Down 7.1% – Should You Sell?

Century Lithium Corp. (CVE:LCE) shares traded down 7.1% during mid-day trading on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. 99,022 shares were traded during trading, a decline of 29% from the average session volume of 140,446 shares. The stock had previously closed at C$0.28.

Century Lithium Price Performance

The firm has a market cap of C$42.97 million, a PE ratio of -13.00 and a beta of 1.26. The company’s 50 day moving average price is C$0.29 and its 200 day moving average price is C$0.31.

Insider Activity at Century Lithium

In other news, Director James Gaydon Pettit sold 100,000 shares of the company’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of C$0.31, for a total transaction of C$31,000.00. Following the sale, the director owned 837,100 shares of the company’s stock, valued at approximately C$259,501. This represents a 10.67% decrease in their ownership of the stock. 4.25% of the stock is currently owned by company insiders.

About Century Lithium

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.