Frontier Lithium (CVE:FL) Trading Down 13.9% - Time to Sell?

Frontier Lithium Inc. (CVE:FL - Get Free Report)'s share price was down 13.9% on Thursday . The company traded as low as C$0.68 and last traded at C$0.68. Approximately 673,890 shares traded hands during 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 reduced their price objective on shares of Frontier Lithium from C$3.00 to C$2.50 in a research note on Friday, January 17th.

Frontier Lithium Trading Down 3.0 %

The stock has a market capitalization of C$142.88 million, a price-to-earnings ratio of -6.91 and a beta of 1.35. The company has a current ratio of 4.15, a quick ratio of 5.19 and a debt-to-equity ratio of 0.12. The company has a fifty day moving average of C$0.50 and a two-hundred day moving average of C$0.55.

About Frontier Lithium

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.