Century Lithium (CVE:LCE) Shares Down 21.8% – Here’s What Happened

Century Lithium Corp. (CVE:LCE)’s share price fell 21.8% during mid-day trading on Monday . The stock traded as low as C$0.29 and last traded at C$0.31. 750,306 shares traded hands during trading, an increase of 909% from the average session volume of 74,332 shares. The stock had previously closed at C$0.39.

Century Lithium Price Performance

The company has a fifty day moving average of C$0.38 and a 200-day moving average of C$0.31. The firm has a market cap of C$45.60 million, a P/E ratio of -13.66 and a beta of 1.30.

Century Lithium Company Profile

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.