Frontier Lithium Inc. (CVE:FL - Get Free Report)'s share price was down 13.9% during trading on Thursday . The stock traded as low as C$0.68 and last traded at C$0.68. Approximately 673,890 shares traded 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.
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus dropped their price target on Frontier Lithium from C$3.00 to C$2.50 in a report on Friday, January 17th.
Check Out Our Latest Stock Report on Frontier Lithium
Frontier Lithium Stock Performance
The firm 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 stock's 50-day moving average is C$0.50 and its 200-day moving average is C$0.55.
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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