Century Lithium (CVE:LCE) Stock Price Up 13.8% – Here’s Why

Century Lithium Corp. (CVE:LCE)’s stock price rose 13.8% on Tuesday . The company traded as high as C$0.66 and last traded at C$0.66. Approximately 201,784 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 297,773 shares. The stock had previously closed at C$0.58.

Century Lithium Price Performance

The stock has a 50-day moving average price of C$0.31 and a 200-day moving average price of C$0.30. The firm has a market capitalization of C$104.13 million, a PE ratio of -31.50 and a beta of 1.28.

Century Lithium Company Profile

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. Century Lithium Corp. was formerly known as Cypress Development Corp.