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Rock Tech Lithium (CVE:RCK) Share Price Passes Above 50-Day Moving Average - Here's Why

Rock Tech Lithium logo with Basic Materials background

Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.21 and traded as high as C$1.25. Rock Tech Lithium shares last traded at C$1.24, with a volume of 7,606 shares traded.

Rock Tech Lithium Trading Down 2.4 %

The firm has a market cap of C$125.65 million, a price-to-earnings ratio of -3.26 and a beta of 1.51. The company has a debt-to-equity ratio of 1.87, a quick ratio of 4.68 and a current ratio of 2.00. The business has a fifty day moving average of C$1.21 and a two-hundred day moving average of C$1.33.

Rock Tech Lithium Company Profile

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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.

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