Century Lithium (CVE:LCE) Shares Down 32.1% – What’s Next?

Century Lithium Corp. (CVE:LCE)’s stock price was down 32.1% on Tuesday . The stock traded as low as C$0.17 and last traded at C$0.19. Approximately 919,632 shares traded hands during mid-day trading, an increase of 1,270% from the average daily volume of 67,146 shares. The stock had previously closed at C$0.28.

Century Lithium Stock Performance

The business’s 50 day simple moving average is C$0.29 and its 200-day simple moving average is C$0.29. The stock has a market capitalization of C$28.26 million, a price-to-earnings ratio of -6.33 and a beta of 1.30.

About Century Lithium

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.