Lithium South Development Co. (NGZ.V) (CVE:NGZ) Trading Down 8.8%

Lithium South Development Co. (NGZ.V) (CVE:NGZ)’s stock price fell 8.8% during trading on Thursday . The stock traded as low as C$0.31 and last traded at C$0.31. 4,000 shares changed hands during trading, a decline of 85% from the average session volume of 25,841 shares. The stock had previously closed at C$0.34.

Lithium South Development Co. (NGZ.V) Trading Down 8.8 %

The stock has a market capitalization of C$8.62 million and a P/E ratio of -1.49. The firm’s 50 day moving average price is C$0.31 and its 200 day moving average price is C$0.31. The company has a debt-to-equity ratio of 4.80, a current ratio of 0.35 and a quick ratio of 0.09.

Lithium South Development Co. (NGZ.V) Company Profile

NRG Metals Inc, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties. Its flagship property is the Hombre Muerto North lithium brine project covering approximately 3,287 hectares in 6 mining concessions located in Salta Province, Argentina.