Bacanora Lithium (LON:BCN) Share Price Crosses Below 50 Day Moving Average of $67.00

Bacanora Lithium Plc (LON:BCNGet Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 67 ($0.86) and traded as low as GBX 67 ($0.86). Bacanora Lithium shares last traded at GBX 67 ($0.86), with a volume of 238,939 shares traded.

Bacanora Lithium Trading Down 0.4 %

The company has a market cap of £259.38 million and a P/E ratio of 8.70. The business has a fifty day moving average price of GBX 67 and a 200-day moving average price of GBX 67. The company has a quick ratio of 36.64, a current ratio of 36.64 and a debt-to-equity ratio of 18.44.

Bacanora Lithium Company Profile

(Get Free Report)

Bacanora Lithium Plc, a development stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties. The company primarily explores for battery grade lithium carbonates. Its flagship project is the Sonora lithium project, which consists of 10 mining concessions covering approximately 100,000 hectares located in the northeast of Sonora State in Mexico.

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