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Rock Tech Lithium (CVE:RCK) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Rock Tech Lithium logo with Basic Materials background

Shares of Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.99 and traded as high as C$1.01. Rock Tech Lithium shares last traded at C$1.01, with a volume of 650 shares.

Rock Tech Lithium Price Performance

The firm has a market capitalization of C$102.17 million, a P/E ratio of -5.58 and a beta of 1.51. The business has a fifty day moving average of C$0.99 and a 200-day moving average of C$1.06. The company has a debt-to-equity ratio of 2.05, a quick ratio of 4.68 and a current ratio of 1.50.

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.

Further Reading

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