Frontier Lithium Inc. (CVE:FL – Get Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.48 and traded as low as C$0.41. Frontier Lithium shares last traded at C$0.41, with a volume of 14,916 shares trading hands.
Frontier Lithium Stock Performance
The company has a debt-to-equity ratio of -42.85, a current ratio of 0.30 and a quick ratio of 5.19. The firm has a market cap of C$103.99 million, a P/E ratio of -8.30 and a beta of 0.82. The stock’s 50 day moving average is C$0.48 and its two-hundred day moving average is C$0.69.
About Frontier Lithium
Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.
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