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Rock Tech Lithium (CVE:RCK) Hits New 1-Year Low - Here's What Happened

Rock Tech Lithium logo with Basic Materials background

Rock Tech Lithium Inc. (CVE:RCK - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.78 and last traded at C$0.78, with a volume of 38706 shares changing hands. The stock had previously closed at C$0.83.

Rock Tech Lithium Trading Down 2.4 %

The stock has a fifty day moving average of C$1.13 and a two-hundred day moving average of C$1.30. The company has a market capitalization of C$84.32 million, a PE ratio of -2.13 and a beta of 1.51. The company has a current ratio of 2.00, a quick ratio of 4.68 and a debt-to-equity ratio of 1.87.

Rock Tech Lithium Company Profile

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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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