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Rock Tech Lithium (CVE:RCK) Shares Pass Above 50 Day Moving Average - What's Next?

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 Wednesday . The stock has a fifty day moving average of C$1.21 and traded as high as C$1.24. Rock Tech Lithium shares last traded at C$1.24, with a volume of 2,679 shares trading hands.

Rock Tech Lithium Price Performance

The stock has a fifty day moving average of C$1.21 and a 200-day moving average of C$1.34. The company has a quick ratio of 4.68, a current ratio of 2.00 and a debt-to-equity ratio of 1.87. The stock has a market capitalization of C$124.64 million, a price-to-earnings ratio of -3.24 and a beta of 1.51.

Rock Tech Lithium Company Profile

(Get Free Report)

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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