Neo Lithium Corp. (CVE:NLC – Get Free Report) shot up 0.1% on Wednesday . The stock traded as high as C$6.50 and last traded at C$6.50. 88,215 shares were traded during mid-day trading, a decline of 76% from the average session volume of 361,891 shares. The stock had previously closed at C$6.49.
Neo Lithium Price Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 20.31 and a quick ratio of 20.20. The stock has a market capitalization of C$958.79 million and a price-to-earnings ratio of 43.89. The stock has a 50 day moving average price of C$6.50 and a 200-day moving average price of C$6.50.
About Neo Lithium
Neo Lithium Corp., a lithium brine exploration company, engages in the exploration and development of resource properties. It explores for lithium deposits. It owns a 100% interest in the Tres Quebradas (3Q) project covering an area of approximately 35,000 hectares, including a salar complex of approximately 16,000 hectares located in Catamarca Province, Argentina.
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