Frontier Lithium (CVE:FL) Shares Down 2% - What's Next?

Shares of Frontier Lithium Inc. (CVE:FL - Get Free Report) were down 2% during mid-day trading on Monday . The stock traded as low as C$0.50 and last traded at C$0.50. Approximately 29,188 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 95,134 shares. The stock had previously closed at C$0.51.

Frontier Lithium Trading Down 2.0%

The company has a 50 day moving average of C$0.54 and a 200-day moving average of C$0.53. The stock has a market cap of C$111.62 million, a price-to-earnings ratio of -5.40 and a beta of 1.35. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.19 and a current ratio of 4.15.

Frontier Lithium Company Profile

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 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.

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