Century Lithium (CVE:LCE) Shares Down 8.9% – Here’s What Happened

Shares of Century Lithium Corp. (CVE:LCEGet Free Report) were down 8.9% during trading on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.26. 455,161 shares traded hands during trading, an increase of 158% from the average daily volume of 176,654 shares. The stock had previously closed at C$0.28.

Century Lithium Stock Down 8.9%

The stock has a market cap of C$46.03 million, a price-to-earnings ratio of -25.50 and a beta of 0.77. The company’s 50-day simple moving average is C$0.27 and its 200-day simple moving average is C$0.37.

Century Lithium Company Profile

(Get Free Report)

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project. Century Lithium Corp. was formerly known as Cypress Development Corp.

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