Neo Lithium (CVE:NLC) Shares Up 0.1% – Here’s Why

Neo Lithium Corp. (CVE:NLCGet Free Report)’s share price was up 0.1% on Thursday . The stock traded as high as C$6.50 and last traded at C$6.50. Approximately 88,215 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 361,891 shares. The stock had previously closed at C$6.49.

Neo Lithium Stock Performance

The firm has a market cap of C$958.79 million and a PE ratio of 43.89. The company has a debt-to-equity ratio of 0.01, a quick ratio of 20.20 and a current ratio of 20.31. The firm’s 50 day moving average price is C$6.50 and its two-hundred day moving average price is C$6.50.

About Neo Lithium

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Neo Lithium Corp., a lithium brine exploration company, engages in the exploration and development of resource properties. It explores for lithium deposits. It owns a 100% interest in the Tres Quebradas (3Q) project covering an area of approximately 35,000 hectares, including a salar complex of approximately 16,000 hectares located in Catamarca Province, Argentina.

Further Reading

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