Century Lithium (CVE:LCE) Trading Down 24.4% – Here’s Why

Century Lithium Corp. (CVE:LCE)’s share price traded down 24.4% during trading on Monday . The company traded as low as C$0.29 and last traded at C$0.30. 657,715 shares traded hands during mid-day trading, an increase of 820% from the average session volume of 71,511 shares. The stock had previously closed at C$0.39.

Century Lithium Stock Down 21.8%

The stock has a market cap of C$45.60 million, a P/E ratio of -13.66 and a beta of 1.30. The company has a 50-day simple moving average of C$0.38 and a two-hundred day simple moving average of C$0.31.

About Century Lithium

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.