Rock Tech Lithium (CVE:RCK) Shares Up 3.2% – Should You Buy?

Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price was up 3.2% during mid-day trading on Monday. The company traded as high as C$0.64 and last traded at C$0.64. Approximately 68,805 shares were traded during trading, an increase of 29% from the average daily volume of 53,253 shares. The stock had previously closed at C$0.62.

Rock Tech Lithium Stock Up 3.2%

The stock has a market capitalization of C$84.55 million, a P/E ratio of -6.40 and a beta of -0.47. The company has a current ratio of 1.02, a quick ratio of 4.68 and a debt-to-equity ratio of 0.89. The firm’s fifty day moving average is C$0.64 and its 200-day moving average is C$0.83.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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