Frontier Lithium Inc. (CVE:FL - Get Free Report) fell 2.2% during mid-day trading on Wednesday . The company traded as low as C$0.87 and last traded at C$0.91. 200,210 shares traded hands during trading, a decline of 31% from the average session volume of 291,830 shares. The stock had previously closed at C$0.93.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on FL shares. Cormark cut their price objective on Frontier Lithium from C$3.75 to C$3.00 in a research report on Thursday, March 14th. Desjardins set a C$2.50 price target on shares of Frontier Lithium and gave the company a "buy" rating in a research note on Tuesday, March 5th.
Get Our Latest Report on FL
Frontier Lithium Trading Down 2.2 %
The firm has a market capitalization of C$207.14 million, a price-to-earnings ratio of -8.27 and a beta of 1.32. The company has a debt-to-equity ratio of 0.38, a quick ratio of 5.19 and a current ratio of 4.41. The company has a 50-day moving average price of C$0.73 and a 200-day moving average price of C$0.79.
Frontier Lithium (CVE:FL - Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter.
Frontier Lithium Company Profile
(
Get Free Report)
Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,069 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Frontier Lithium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frontier Lithium wasn't on the list.
While Frontier Lithium currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
