Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s stock price was up 18.8% during mid-day trading on Friday . The company traded as high as C$1.20 and last traded at C$1.14. Approximately 183,590 shares changed hands during trading, an increase of 170% from the average daily volume of 68,036 shares. The stock had previously closed at C$0.96.
Rock Tech Lithium Price Performance
The company has a current ratio of 1.50, a quick ratio of 4.68 and a debt-to-equity ratio of 2.05. The company has a 50 day simple moving average of C$0.79 and a 200 day simple moving average of C$0.87. The stock has a market cap of C$136.09 million, a P/E ratio of -10.73 and a beta of 0.84.
Rock Tech Lithium Company Profile
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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