Frontier Lithium Inc. (CVE:FL – Get Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.43 and last traded at C$0.44, with a volume of 254072 shares. The stock had previously closed at C$0.45.
Frontier Lithium Stock Performance
The stock’s 50-day moving average price is C$0.54 and its 200-day moving average price is C$0.73. The company has a current ratio of 0.37, a quick ratio of 5.19 and a debt-to-equity ratio of -50.22. The company has a market capitalization of C$110.25 million, a P/E ratio of -8.80 and a beta of 0.82.
About Frontier Lithium
Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.
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