Rock Tech Lithium (CVE:RCK) Share Price Breaks Below Fifty Day Moving Average – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$0.67 and traded as low as C$0.63. Rock Tech Lithium shares last traded at C$0.63, with a volume of 12,783 shares.

Rock Tech Lithium Stock Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 1.02 and a quick ratio of 4.68. The stock has a market cap of C$78.65 million, a price-to-earnings ratio of -6.40 and a beta of -0.10. The stock’s 50-day moving average is C$0.67 and its 200 day moving average is C$0.80.

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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