Frontier Lithium Inc. (CVE:FL - Get Free Report) shares were up 1.9% during mid-day trading on Monday . The company traded as high as C$0.55 and last traded at C$0.55. Approximately 52,178 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 97,711 shares. The stock had previously closed at C$0.54.
Frontier Lithium Price Performance
The company has a 50 day moving average price of C$0.55 and a 200 day moving average price of C$0.53. 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$118.32 million, a P/E ratio of -5.73 and a beta of 1.35.
Frontier Lithium Company Profile
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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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