Millennial Lithium (CVE:ML) Shares Up 2%

Millennial Lithium Corp. (CVE:MLGet Free Report) traded up 2% during mid-day trading on Tuesday . The company traded as high as C$4.06 and last traded at C$4.04. 832,799 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 798,871 shares. The stock had previously closed at C$3.96.

Millennial Lithium Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 38.73 and a current ratio of 38.93. The company has a market capitalization of C$395.36 million and a P/E ratio of -20.20. The business’s fifty day simple moving average is C$4.04 and its 200-day simple moving average is C$4.04.

Millennial Lithium Company Profile

(Get Free Report)

Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp.

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