Rock Tech Lithium (CVE:RCK) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.87 and traded as low as C$0.86. Rock Tech Lithium shares last traded at C$0.87, with a volume of 28,464 shares traded.

Rock Tech Lithium Stock Performance

The stock has a market capitalization of C$94.04 million, a P/E ratio of -7.25 and a beta of 1.33. The stock has a 50 day moving average of C$0.87 and a 200 day moving average of C$0.94. The company has a debt-to-equity ratio of 2.05, a quick ratio of 4.68 and a current ratio of 1.50.

About Rock Tech Lithium

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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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