Bacanora Lithium Plc (LON:BCN – Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 67 ($0.85) and traded as low as GBX 67 ($0.85). Bacanora Lithium shares last traded at GBX 67 ($0.85), with a volume of 238,939 shares traded.
Bacanora Lithium Stock Performance
The firm has a market capitalization of £259.38 million and a price-to-earnings ratio of 8.70. The stock’s fifty day moving average is GBX 67 and its two-hundred day moving average is GBX 67. The company has a quick ratio of 36.64, a current ratio of 36.64 and a debt-to-equity ratio of 18.44.
About Bacanora Lithium
Bacanora Lithium Plc, a development stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties. The company primarily explores for battery grade lithium carbonates. Its flagship project is the Sonora lithium project, which consists of 10 mining concessions covering approximately 100,000 hectares located in the northeast of Sonora State in Mexico.
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