Rock Tech Lithium Inc. (OTCMKTS:RCKTF – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 3,579 shares, a growth of 113.3% from the July 30th total of 1,678 shares. Based on an average daily volume of 1,603 shares, the days-to-cover ratio is currently 2.2 days.
Rock Tech Lithium Stock Performance
Shares of RCKTF opened at C$0.50 on Friday. Rock Tech Lithium has a 52 week low of C$0.43 and a 52 week high of C$0.93. The business has a 50-day simple moving average of C$0.52 and a two-hundred day simple moving average of C$0.62.
About Rock Tech Lithium
Rock Tech Lithium Inc is a Canada-based resource company focused on the exploration, development and processing of lithium resources for the electric vehicle and energy storage markets. The company’s flagship asset is the North American Lithium Mine in La Corne, Quebec, which it acquired in 2020. Rock Tech Lithium is working to optimize spodumene concentrate production at this site as the feedstock for downstream processing.
In addition to its Quebec operations, Rock Tech Lithium is developing an integrated lithium hydroxide refinery in Guben, Germany.
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