Century Lithium (CVE:LCE) Trading 27.1% Higher – What’s Next?

Century Lithium Corp. (CVE:LCE)’s stock price was up 27.1% during trading on Friday . The company traded as high as C$0.39 and last traded at C$0.38. Approximately 517,062 shares changed hands during trading, an increase of 282% from the average daily volume of 135,417 shares. The stock had previously closed at C$0.30.

Century Lithium Stock Up 23.7%

The company has a market cap of C$60.33 million, a PE ratio of -18.25 and a beta of 1.38. The business has a 50-day simple moving average of C$0.29 and a 200-day simple moving average of C$0.29.

Insider Buying and Selling

In related news, Director James Gaydon Pettit sold 100,000 shares of the stock in a transaction on Tuesday, October 7th. The stock was 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 of the company’s stock, valued at approximately C$259,501. This represents a 10.67% decrease in their position. Corporate insiders own 4.25% of the company’s stock.

About Century Lithium

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.