Shares of Millennial Lithium Corp. (CVE:ML – Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$4.04 and traded as low as C$3.62. Millennial Lithium shares last traded at C$4.04, with a volume of 832,799 shares.
Millennial Lithium Price Performance
The stock has a 50 day moving average price of C$4.04 and a two-hundred day moving average price of C$4.04. 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 PE ratio of -20.20.
Millennial Lithium Company Profile
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. in June 2016. The company was incorporated in 2005 and is headquartered in West Vancouver, Canada.
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