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Rock Tech Lithium (CVE:RCK) Sets New 12-Month Low - Here's What Happened

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Rock Tech Lithium Inc. (CVE:RCK - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$1.09, with a volume of 26363 shares. The stock had previously closed at C$1.08.

Rock Tech Lithium Price Performance

The company has a debt-to-equity ratio of 2.05, a current ratio of 1.50 and a quick ratio of 4.68. The firm has a market capitalization of C$103.19 million, a price-to-earnings ratio of -5.64 and a beta of 1.51. The business's fifty day simple moving average is C$1.12 and its 200 day simple moving average is C$1.13.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010.

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