Century Lithium (CVE:LCE) Shares Up 1.7% – Here’s Why

Century Lithium Corp. (CVE:LCE)’s share price was up 1.7% during mid-day trading on Friday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 6,149 shares were traded during trading, a decline of 95% from the average daily volume of 135,952 shares. The stock had previously closed at C$0.29.

Century Lithium Trading Up 1.7%

The stock has a 50-day moving average of C$0.29 and a two-hundred day moving average of C$0.29. The firm has a market cap of C$48.76 million, a price-to-earnings ratio of -14.75 and a beta of 1.38.

Insider Activity at Century Lithium

In other Century Lithium news, Director James Gaydon Pettit sold 100,000 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 837,100 shares in the company, valued at C$259,501. This trade represents a 10.67% decrease in their ownership of the stock. 4.25% of the stock is currently owned by 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.