Century Lithium (CVE:LCE) Shares Down 12.1% – Should You Sell?
by Tristan Rich · The Markets DailyCentury Lithium Corp. (CVE:LCE – Get Free Report) shares were down 12.1% during trading on Monday . The company traded as low as C$0.49 and last traded at C$0.51. Approximately 384,207 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 308,398 shares. The stock had previously closed at C$0.58.
Century Lithium Price Performance
The stock has a market capitalization of C$84.30 million, a price-to-earnings ratio of -25.50 and a beta of 1.28. The company’s 50-day simple moving average is C$0.34 and its 200-day simple moving average is C$0.30.
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. Century Lithium Corp. was formerly known as Cypress Development Corp.
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