Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) shares were down 15% on Tuesday . The stock traded as low as C$0.84 and last traded at C$0.85. Approximately 167,015 shares traded hands during mid-day trading, an increase of 325% from the average daily volume of 39,317 shares. The stock had previously closed at C$1.00.
Rock Tech Lithium Stock Performance
The company's fifty day moving average price is C$0.97 and its two-hundred day moving average price is C$1.01. The company has a current ratio of 1.50, a quick ratio of 4.68 and a debt-to-equity ratio of 2.05. The firm has a market cap of C$94.04 million, a P/E ratio of -7.25 and a beta of 1.68.
About Rock Tech Lithium
(
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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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