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Rock Tech Lithium (CVE:RCK) Sets New 1-Year Low - Time to Sell?

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 on Tuesday . The company traded as low as C$0.02 and last traded at C$1.07, with a volume of 400 shares changing hands. The stock had previously closed at C$1.06.

Rock Tech Lithium Price Performance

The firm has a fifty day moving average price of C$1.07 and a two-hundred day moving average price of C$1.11. The stock has a market capitalization of C$103.19 million, a P/E ratio of -5.64 and a beta of 1.51. The company has a debt-to-equity ratio of 2.05, a quick ratio of 4.68 and a current ratio of 1.50.

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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