Century Lithium (CVE:LCE) Shares Down 15.5% – Should You Sell?

Shares of Century Lithium Corp. (CVE:LCE) fell 15.5% during mid-day trading on Monday . The stock traded as low as C$0.49 and last traded at C$0.49. 323,995 shares were traded during mid-day trading, an increase of 14% from the average session volume of 284,130 shares. The stock had previously closed at C$0.58.

Century Lithium Price Performance

The firm has a market cap of C$87.60 million, a price-to-earnings ratio of -26.50 and a beta of 1.28. The business has a fifty day simple moving average of C$0.35 and a 200 day simple moving average of C$0.31.

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.