Frontier Lithium (CVE:FL) Sets New 12-Month Low – What’s Next?

Frontier Lithium Inc. (CVE:FL – Get Free Report) shares reached a new 52-week low on Monday. The stock traded as low as C$0.38 and last traded at C$0.38, with a volume of 97,169 shares traded. The stock had previously closed at C$0.38.

Frontier Lithium Stock Performance

The company has a quick ratio of 5.19, a current ratio of 0.63 and a debt-to-equity ratio of -260.39. The stock has a market cap of C$95.22 million, a price-to-earnings ratio of -7.60 and a beta of 0.51. The business has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.60.

Frontier Lithium Company Profile

(Get Free Report)

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.

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