Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s stock price rose 18.8% during mid-day trading on Friday . The stock traded as high as C$1.14 and last traded at C$1.14. Approximately 108,526 shares traded hands during mid-day trading, an increase of 167% from the average daily volume of 40,578 shares. The stock had previously closed at C$0.96.
Rock Tech Lithium Trading Up 6.3 %
The company has a debt-to-equity ratio of 1.87, a quick ratio of 4.68 and a current ratio of 2.00. The firm has a market capitalization of C$106.18 million, a P/E ratio of -2.68 and a beta of 1.51. The firm has a 50 day moving average price of C$1.09 and a two-hundred day moving average price of C$1.27.
About Rock Tech Lithium
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.
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