Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price traded up 18.8% during trading on Friday . The company traded as high as C$1.20 and last traded at C$1.14. 183,590 shares traded hands during trading, an increase of 170% from the average session volume of 68,036 shares. The stock had previously closed at C$0.96.
Rock Tech Lithium Trading Up 22.9%
The firm has a market cap of C$136.09 million, a price-to-earnings ratio of -10.73 and a beta of 0.84. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.50 and a quick ratio of 4.68. The business has a 50-day moving average of C$0.79 and a 200-day moving average of C$0.87.
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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