Rock Tech Lithium (CVE:RCK) Shares Pass Above 50-Day Moving Average - Here's What Happened

Key Points

• Rock Tech Lithium Inc. shares have surpassed their 50-day moving average of C$0.98, trading at C$1.03 with a volume of 4,311 shares.
• The company has a market capitalization of C$105.23 million and operates with a debt-to-equity ratio of 2.05.
• Rock Tech focuses on developing lithium properties, particularly the Georgia Lake lithium project in Ontario, aimed at producing battery grade lithium hydroxide.

Rock Tech Lithium Inc. (CVE:RCK - ) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.98 and traded as high as C$1.03. Rock Tech Lithium shares last traded at C$1.03, with a volume of 4,311 shares.

Rock Tech Lithium Trading Up 2.0%

The stock has a fifty day moving average of C$0.98 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. The company has a market capitalization of C$105.23 million, a PE ratio of -5.75 and a beta of 1.51.

Rock Tech Lithium Company Profile

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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