Rock Tech Lithium (CVE:RCK) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.77 and traded as high as C$0.77. Rock Tech Lithium shares last traded at C$0.75, with a volume of 48,769 shares.

Rock Tech Lithium Stock Performance

The firm has a 50-day moving average of C$0.77 and a two-hundred day moving average of C$0.90. The company has a quick ratio of 4.68, a current ratio of 2.54 and a debt-to-equity ratio of 0.99. The company has a market capitalization of C$90 million, a PE ratio of -6.82 and a beta of 0.13.

About Rock Tech Lithium

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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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