Nickel Rock Resources Inc. (BFF.V) (CVE:BFF) Shares Pass Below 200-Day Moving Average – Here’s Why

Nickel Rock Resources Inc. (BFF.V) (CVE:BFF)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.14 and traded as low as C$0.14. Nickel Rock Resources Inc. (BFF.V) shares last traded at C$0.14, with a volume of 31,000 shares changing hands.

Nickel Rock Resources Inc. (BFF.V) Price Performance

The company has a debt-to-equity ratio of 11.41, a current ratio of 4.45 and a quick ratio of 4.29. The business’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.14. The stock has a market capitalization of C$4.52 million and a price-to-earnings ratio of -1.92.

Nickel Rock Resources Inc. (BFF.V) Company Profile

Nevada Energy Metals Inc, a junior exploration company, engages in the acquisition, exploration, and development of brine based lithium exploration targets and mineral resource properties located in Nevada. It holds a 100% interest in the Teels Marsh West Lithium project located in Teels Marsh, Mineral County, Nevada; the Clayton Valley BFF-1 lithium project located in Esmeralda County, Nevada; the Dixie Valley project located in Churchill County, West Central Nevada; and the Black Rock Desert Lithium project located in Washoe County, Nevada.