Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$1.04, with a volume of 13665 shares traded. The stock had previously closed at C$1.03.
Rock Tech Lithium Price Performance
The business’s 50-day moving average price is C$1.07 and its 200 day moving average price is C$1.25. The company has a market capitalization of C$111.39 million, a P/E ratio of -2.82 and a beta of 1.51. The company has a quick ratio of 4.68, a current ratio of 2.00 and a debt-to-equity ratio of 1.87.
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.
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