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Frontier Lithium (CVE:FL) Shares Down 1.8% - Here's What Happened

Frontier Lithium logo with Basic Materials background

Frontier Lithium Inc. (CVE:FL - Get Free Report)'s share price fell 1.8% during trading on Monday . The stock traded as low as C$0.54 and last traded at C$0.54. 30,584 shares were traded during trading, a decline of 68% from the average session volume of 94,884 shares. The stock had previously closed at C$0.55.

Frontier Lithium Price Performance

The company has a market cap of C$127.25 million, a P/E ratio of -6.16 and a beta of 1.35. The company has a fifty day moving average price of C$0.53 and a two-hundred day moving average price of C$0.54. 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

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

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