Neo Lithium (CVE:NLC) Sets New 1-Year Low at $0.48
Shares of Neo Lithium Corp (CVE:NLC) reached a new 52-week low on Tuesday . The stock traded as low as C$0.48 and last traded at C$0.49, with a volume of 28347 shares. The stock had previously closed at C$0.49.
The firm has a market cap of $57.58 million and a price-to-earnings ratio of -10.83. The firm’s fifty day moving average is C$0.55 and its two-hundred day moving average is C$0.68. The company has a debt-to-equity ratio of 0.12, a current ratio of 10.25 and a quick ratio of 10.23.
Neo Lithium (CVE:NLC) last posted its quarterly earnings data on Tuesday, August 27th. The company reported C($0.04) earnings per share for the quarter. On average, equities analysts forecast that Neo Lithium Corp will post -0.04 earnings per share for the current fiscal year.
Neo Lithium Corp. engages in the exploration and development of resource properties. The company explores for lithium deposits. It holds 100% interests in the Tres Quebradas project comprising 11 mining claims and 1 exploration claim covering an area of approximately 35,000 hectares is located in the southern end of the lithium triangle in the Puna Plateau in northern Argentina.
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