Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.93 and traded as low as C$0.80. Rock Tech Lithium shares last traded at C$0.80, with a volume of 45,230 shares trading hands.
Rock Tech Lithium Trading Down 5.9%
The company’s 50 day simple moving average is C$0.93 and its 200-day simple moving average is C$0.92. The firm has a market cap of C$96 million, a P/E ratio of -7.27 and a beta of 0.07. The company has a quick ratio of 4.68, a current ratio of 2.54 and a debt-to-equity ratio of 0.99.
About Rock Tech Lithium
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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