Millennial Lithium Corp. (CVE:ML – Get Free Report) traded up 2% during mid-day trading on Friday . The stock traded as high as C$4.06 and last traded at C$4.04. 832,799 shares traded hands during trading, an increase of 4% from the average session volume of 798,871 shares. The stock had previously closed at C$3.96.
Millennial Lithium Stock Up 2.0%
The company’s 50-day simple moving average is C$4.04 and its two-hundred day simple moving average is C$4.04. The firm has a market capitalization of C$395.36 million and a P/E ratio of -20.20. The company has a debt-to-equity ratio of 0.12, a current ratio of 38.93 and a quick ratio of 38.73.
Millennial Lithium Company Profile
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp. in June 2016. The company was incorporated in 2005 and is headquartered in West Vancouver, Canada.
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