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Century Lithium (CVE:LCE) Trading Up 7.7% - Time to Buy?

Century Lithium logo with Basic Materials background

Century Lithium Corp. (CVE:LCE - Get Free Report) traded up 7.7% during mid-day trading on Thursday . The company traded as high as C$0.42 and last traded at C$0.42. 233,500 shares traded hands during mid-day trading, an increase of 209% from the average session volume of 75,472 shares. The stock had previously closed at C$0.39.

Century Lithium Trading Down 6.4 %

The stock's 50-day simple moving average is C$0.30 and its 200-day simple moving average is C$0.35. The stock has a market cap of C$54.29 million, a price-to-earnings ratio of -12.17 and a beta of 1.30.

Insiders Place Their Bets

In related news, Director Donald George Myers sold 100,000 shares of the business's stock in a transaction dated Monday, August 12th. The stock was sold at an average price of C$0.27, for a total value of C$27,000.00. Corporate insiders own 4.25% of the company's stock.

About Century Lithium

(Get Free Report)

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.

Further Reading

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