Century Lithium (CVE:LCE) Stock Price Up 25.4% – Here’s What Happened
by Teresa Graham · The Cerbat GemShares of Century Lithium Corp. (CVE:LCE – Get Free Report) shot up 25.4% on Friday . The company traded as high as C$0.39 and last traded at C$0.37. 562,375 shares changed hands during trading, an increase of 315% from the average session volume of 135,417 shares. The stock had previously closed at C$0.30.
Century Lithium Stock Up 28.8%
The firm has a 50-day moving average of C$0.29 and a two-hundred day moving average of C$0.29. The stock has a market capitalization of C$62.81 million, a price-to-earnings ratio of -19.00 and a beta of 1.38.
Insider Buying and Selling at Century Lithium
In other news, Director James Gaydon Pettit sold 100,000 shares of the stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of C$0.31, for a total value of C$31,000.00. Following the completion of the sale, the director directly owned 837,100 shares of the company’s stock, valued at C$259,501. This represents a 10.67% decrease in their ownership of the stock. 4.25% of the stock is owned by corporate insiders.
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.