Frontier Lithium Inc. (CVE:FL – Get Free Report)’s share price hit a new 52-week low 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 Performance
The company has a market capitalization of C$95.22 million, a price-to-earnings ratio of -7.60 and a beta of 0.51. The company has a debt-to-equity ratio of -260.39, a current ratio of 0.63 and a quick ratio of 5.19. The stock has a 50 day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.60.
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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