Rock Tech Lithium (CVE:RCK) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$1.10 and traded as low as C$1.05. Rock Tech Lithium shares last traded at C$1.22, with a volume of 369,184 shares changing hands.

Rock Tech Lithium Trading Up 22.0 %

The firm has a market cap of C$124.65 million, a PE ratio of -6.81 and a beta of 1.51. The firm has a fifty day simple moving average of C$1.10 and a two-hundred day simple moving average of C$1.13. The company has a current ratio of 1.50, a quick ratio of 4.68 and a debt-to-equity ratio of 2.05.

Rock Tech Lithium Company Profile

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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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