Rock Tech Lithium (CVE:RCK) Hits New 12-Month Low – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.66 and last traded at C$0.67, with a volume of 63644 shares trading hands. The stock had previously closed at C$0.70.

Rock Tech Lithium Stock Performance

The firm has a market capitalization of C$83.04 million, a price-to-earnings ratio of -6.55 and a beta of 1.15. The stock’s 50 day moving average price is C$0.81 and its two-hundred day moving average price is C$0.89. The company has a current ratio of 1.50, a quick ratio of 4.68 and a debt-to-equity ratio of 2.05.

Rock Tech Lithium Company Profile

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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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