Frontier Lithium Inc. (CVE:FL - Get Free Report) traded up 1.8% during trading on Monday . The company traded as high as C$0.57 and last traded at C$0.57. 26,223 shares were traded during trading, a decline of 74% from the average session volume of 101,063 shares. The stock had previously closed at C$0.56.
Analysts Set New Price Targets
Separately, Stifel Nicolaus cut their target price on shares of Frontier Lithium from C$3.00 to C$2.50 in a research note on Friday, January 17th.
Read Our Latest Research Report on FL
Frontier Lithium Price Performance
The company has a current ratio of 4.15, a quick ratio of 5.19 and a debt-to-equity ratio of 0.12. The company has a market capitalization of C$125.02 million, a P/E ratio of -6.05 and a beta of 1.35. The business's 50-day simple moving average is C$0.57 and its 200 day simple moving average is C$0.53.
About Frontier Lithium
(
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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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