Shares of Frontier Lithium Inc. (CVE:FL – Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.43 and last traded at C$0.44, with a volume of 254072 shares changing hands. The stock had previously closed at C$0.45.
Frontier Lithium Stock Performance
The company has a debt-to-equity ratio of -50.22, a quick ratio of 5.19 and a current ratio of 0.37. The firm has a 50-day moving average of C$0.53 and a 200-day moving average of C$0.73. The firm has a market capitalization of C$110.25 million, a P/E ratio of -8.80 and a beta of 0.82.
About Frontier Lithium
Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.
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