Rock Tech Lithium (CVE:RCK) Sets New 1-Year Low – Here’s Why

Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as C$0.57 and last traded at C$0.58, with a volume of 50235 shares trading hands. The stock had previously closed at C$0.63.

Rock Tech Lithium Stock Performance

The stock has a market capitalization of C$71.27 million, a PE ratio of -5.80 and a beta of -0.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.68 and a current ratio of 1.02. The firm has a 50 day moving average of C$0.67 and a 200-day moving average of C$0.81.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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