Shares of Frontier Lithium Inc. (CVE:FL - Get Free Report) traded down 13.9% on Thursday . The company traded as low as C$0.68 and last traded at C$0.68. 673,890 shares were traded during mid-day trading, an increase of 401% from the average session volume of 134,547 shares. The stock had previously closed at C$0.79.
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus reduced their target price on Frontier Lithium from C$3.00 to C$2.50 in a research note on Friday, January 17th.
Read Our Latest Research Report on Frontier Lithium
Frontier Lithium Stock Performance
The company has a quick ratio of 5.19, a current ratio of 4.15 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of C$0.50 and a two-hundred day simple moving average of C$0.55. The firm has a market cap of C$147.34 million, a PE ratio of -7.13 and a beta of 1.35.
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.
See Also
Before you consider Frontier Lithium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frontier Lithium wasn't on the list.
While Frontier Lithium currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
