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Rock Tech Lithium (CVE:RCK) Stock Price Passes Above Fifty Day Moving Average - Should You Sell?

Rock Tech Lithium logo with Basic Materials background

Shares of Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.08 and traded as high as C$1.27. Rock Tech Lithium shares last traded at C$1.12, with a volume of 28,203 shares trading hands.

Rock Tech Lithium Stock Performance

The company has a quick ratio of 4.68, a current ratio of 2.00 and a debt-to-equity ratio of 1.87. The stock has a fifty day moving average price of C$1.08 and a 200-day moving average price of C$1.22. The firm has a market cap of C$116.59 million, a price-to-earnings ratio of -2.95 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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