Frontier Lithium Inc. (CVE:FL - Get Free Report)'s share price traded up 10.3% during trading on Tuesday . The stock traded as high as C$0.83 and last traded at C$0.75. 415,010 shares were traded during trading, an increase of 246% from the average session volume of 119,831 shares. The stock had previously closed at C$0.68.
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus lowered their price target on shares of Frontier Lithium from C$3.00 to C$2.50 in a research report on Friday, January 17th.
Check Out Our Latest Stock Report on FL
Frontier Lithium Stock Up 3.1 %
The firm has a market cap of C$147.34 million, a P/E ratio of -7.13 and a beta of 1.35. The firm's 50-day moving average price is C$0.50 and its 200 day moving average price is 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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