Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) traded up 18.8% during trading on Friday . The company traded as high as C$1.14 and last traded at C$1.14. 108,526 shares were traded during mid-day trading, an increase of 167% from the average session volume of 40,578 shares. The stock had previously closed at C$0.96.
Rock Tech Lithium Stock Up 7.3 %
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 cap of C$107.22 million, a price-to-earnings ratio of -2.71 and a beta of 1.51. The firm has a 50 day simple moving average of C$1.09 and a two-hundred day simple moving average of C$1.27.
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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