Millennial Lithium Corp. (CVE:ML – Get Free Report) was up 2% during mid-day trading on Friday . The company traded as high as C$4.06 and last traded at C$4.04. Approximately 832,799 shares traded hands during trading, an increase of 4% from the average daily volume of 798,871 shares. The stock had previously closed at C$3.96.
Millennial Lithium Price Performance
The firm has a 50-day simple moving average of C$4.04 and a two-hundred day simple moving average of C$4.04. The company has a market capitalization of C$395.36 million and a price-to-earnings ratio of -20.20. The company has a current ratio of 38.93, a quick ratio of 38.73 and a debt-to-equity ratio of 0.12.
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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