Rock Tech Lithium (CVE:RCK) Shares Climb 3.2% – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) shares traded up 3.2% during trading on Monday. The company traded as high as C$0.64 and last traded at C$0.64. Approximately 68,805 shares traded hands during trading, an increase of 29% from the average session volume of 53,253 shares. The stock had previously closed at C$0.62.

Rock Tech Lithium Trading Up 3.6%

The firm has a market capitalization of C$75.30 million, a price-to-earnings ratio of -5.70 and a beta of -0.47. The business has a 50-day moving average of C$0.64 and a two-hundred day moving average of C$0.82. The company has a quick ratio of 4.68, a current ratio of 1.02 and a debt-to-equity ratio of 0.89.

Rock Tech Lithium Company Profile

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Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc. and changed its name to Rock Tech Lithium Inc. in April 2010. Rock Tech Lithium Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.

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