Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.08 and traded as high as C$1.27. Rock Tech Lithium shares last traded at C$1.12, with a volume of 28,203 shares changing hands.
Rock Tech Lithium Price Performance
The company has a debt-to-equity ratio of 1.87, a current ratio of 2.00 and a quick ratio of 4.68. The business’s fifty day moving average price is C$1.08 and its 200-day moving average price is C$1.22. The stock has a market capitalization of C$116.59 million, a price-to-earnings ratio of -2.95 and a beta of 1.51.
About Rock Tech Lithium
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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