Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) shares dropped 15% during mid-day trading on Tuesday . The stock traded as low as C$0.84 and last traded at C$0.85. Approximately 167,015 shares were traded during 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 Price Performance
The firm has a 50 day moving average of C$0.97 and a 200-day moving average of C$1.01. The company has a market cap of C$96.21 million, a P/E ratio of -7.42 and a beta of 1.68. The company has a current ratio of 1.50, a quick ratio of 4.68 and a debt-to-equity ratio of 2.05.
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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