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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) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$1.04, with a volume of 13665 shares. The stock had previously closed at C$1.03.

Rock Tech Lithium Trading Up 3.9 %

The business's 50 day simple moving average is C$1.08 and its 200-day simple moving average is C$1.25. The company has a debt-to-equity ratio of 1.87, a current ratio of 2.00 and a quick ratio of 4.68. The stock has a market capitalization of C$111.39 million, a P/E ratio of -2.82 and a beta of 1.51.

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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