Century Lithium (CVE:LCE) Shares Up 9.1% – Here’s Why

Shares of Century Lithium Corp. (CVE:LCE) were up 9.1% on Monday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 48,803 shares were traded during trading, a decline of 33% from the average daily volume of 73,313 shares. The stock had previously closed at C$0.28.

Century Lithium Stock Up 5.9 %

The business’s 50-day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.40. The firm has a market capitalization of C$53.55 million, a price-to-earnings ratio of -11.33 and a beta of 1.30.

Insider Buying and Selling at Century Lithium

In other news, Director Donald George Myers sold 100,000 shares of Century Lithium stock in a transaction on Monday, August 12th. The stock was sold at an average price of C$0.27, for a total value of C$27,000.00. 4.25% of the stock is owned by corporate insiders.

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.