Frontier Lithium Inc. (CVE:FL - Get Free Report)'s share price was down 13.9% during trading on Thursday . The company traded as low as C$0.68 and last traded at C$0.68. Approximately 673,890 shares changed hands during mid-day trading, an increase of 401% from the average daily volume of 134,547 shares. The stock had previously closed at C$0.79.
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus cut their price objective on Frontier Lithium from C$3.00 to C$2.50 in a research report on Friday, January 17th.
Read Our Latest Report on FL
Frontier Lithium Price Performance
The firm has a market capitalization of C$147.34 million, a PE ratio of -7.13 and a beta of 1.35. The stock has a 50-day moving average price of C$0.50 and a 200 day moving average price of C$0.55. The company has a quick ratio of 5.19, a current ratio of 4.15 and a debt-to-equity ratio of 0.12.
Frontier Lithium Company Profile
(
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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.
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