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Rock Tech Lithium (CVE:RCK) Sets New 52-Week Low - Here's What Happened

Rock Tech Lithium logo with Basic Materials background

Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$1.01, with a volume of 47222 shares changing hands. The stock had previously closed at C$1.03.

Rock Tech Lithium Stock Down 1.0%

The company has a market cap of C$101.15 million, a PE ratio of -5.53 and a beta of 1.51. The company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05. The firm's fifty day simple moving average is C$1.06 and its 200-day simple moving average is C$1.09.

Rock Tech Lithium Company Profile

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010.

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