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Frontier Lithium (CVE:FL) Trading 10.3% Higher - Here's Why

Frontier Lithium logo with Basic Materials background
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Frontier Lithium Inc. (CVE:FL - Get Free Report) traded up 10.3% during trading on Tuesday . The company traded as high as C$0.83 and last traded at C$0.75. 415,010 shares traded hands during trading, an increase of 246% from the average session volume of 119,831 shares. The stock had previously closed at C$0.68.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus decreased their price target on Frontier Lithium from C$3.00 to C$2.50 in a research report on Friday, January 17th.

Get Our Latest Stock Analysis on Frontier Lithium

Frontier Lithium Price Performance

The stock has a market capitalization of C$147.34 million, a P/E ratio of -7.13 and a beta of 1.35. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.19 and a current ratio of 4.15. The stock has a 50-day simple moving average of C$0.50 and a 200 day simple moving average of C$0.55.

Frontier Lithium Company Profile

(Get Free Report)

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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