Frontier Lithium Inc. (CVE:FL - Get Free Report) shares traded down 13.9% during trading on Wednesday . The company traded as low as C$0.68 and last traded at C$0.68. 673,890 shares were traded during 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 dropped their price target on Frontier Lithium from C$3.00 to C$2.50 in a research report on Friday, January 17th.
Read Our Latest Analysis on FL
Frontier Lithium Stock Up 3.1 %
The company has a debt-to-equity ratio of 0.12, a current ratio of 4.15 and a quick ratio of 5.19. The firm's 50-day moving average price is C$0.50 and its 200 day moving average price is C$0.55. The firm has a market capitalization of C$147.34 million, a price-to-earnings ratio of -7.13 and a beta of 1.35.
About Frontier Lithium
(
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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.
Further Reading
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