Century Lithium (CVE:LCE) Shares Down 2.8% - Should You Sell?

Key Points

• Shares fell 2.8% to C$0.35 on Friday, with about 111,918 shares traded — a 42% decline from the average daily volume of 192,928.
• The company trades with a market cap of C$63.18 million and a negative P/E of -35, while its 50- and 200-day moving averages are both C$0.41.
• Century Lithium is a lithium exploration and development company holding 100% interests in multiple projects in Clayton Valley, Nevada, including Clayton Valley, Dean, Glory and Gunman.

Century Lithium Corp. (CVE:LCE - ) shares dropped 2.8% during trading on Friday . The stock traded as low as C$0.35 and last traded at C$0.35. Approximately 111,918 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 192,928 shares. The stock had previously closed at C$0.36.

Century Lithium Stock Down 2.8%

The company has a fifty day moving average of C$0.41 and a 200 day moving average of C$0.41. The company has a market cap of C$63.18 million, a P/E ratio of -35.00 and a beta of 0.78.

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. Century Lithium Corp. was formerly known as Cypress Development Corp.

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