Frontier Lithium (CVE:FL) Stock Price Down 1.2% - Time to Sell?

Key Points

• Stock down 1.2%: Frontier Lithium traded down to C$0.80 (low C$0.77) in mid-day trading with 155,333 shares changing hands, about 48% below its average session volume of 297,289.
• Valuation and ratios: the company has a market cap of C$184.45 million, a negative P/E of -16.00, a debt-to-equity of -67.27, and mixed liquidity metrics (current ratio 0.37, quick ratio 5.19).
• Operations: Frontier’s flagship is the PAK Lithium project (~27,415 hectares) in northwestern Ontario, and it also holds several other Ontario pegmatite projects.

Frontier Lithium Inc. (CVE:FL - )'s stock price traded down 1.2% during mid-day trading on Tuesday . The company traded as low as C$0.77 and last traded at C$0.80. 155,333 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 297,289 shares. The stock had previously closed at C$0.81.

Frontier Lithium Price Performance

The stock has a 50 day simple moving average of C$0.87 and a two-hundred day simple moving average of C$0.77. The company has a market cap of C$184.45 million, a price-to-earnings ratio of -16.00 and a beta of 0.82. The company has a debt-to-equity ratio of -67.27, a current ratio of 0.37 and a quick ratio of 5.19.

About Frontier Lithium

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. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.

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