Century Lithium (CVE:LCE) Stock Price Up 31.6% – What’s Next?

Century Lithium Corp. (CVE:LCE) shares shot up 31.6% during mid-day trading on Wednesday . The stock traded as high as C$0.27 and last traded at C$0.25. 677,238 shares changed hands during mid-day trading, an increase of 632% from the average session volume of 92,567 shares. The stock had previously closed at C$0.19.

Century Lithium Price Performance

The stock has a market capitalization of C$37.19 million, a price-to-earnings ratio of -8.33 and a beta of 1.30. The firm’s fifty day moving average is C$0.29 and its 200-day moving average is C$0.29.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.