Rock Tech Lithium (CVE:RCK) Sets New 52-Week Low – Here’s What Happened
by Mitch Edgeman · The Markets DailyRock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.66 and last traded at C$0.67, with a volume of 63644 shares traded. The stock had previously closed at C$0.70.
Rock Tech Lithium Trading Down 4.3%
The firm’s 50-day simple moving average is C$0.82 and its 200-day simple moving average is C$0.90. The firm has a market capitalization of C$77.27 million, a PE ratio of -6.09 and a beta of 1.15. The company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05.
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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