Rock Tech Lithium (CVE:RCK) Sets New 1-Year Low – What’s Next?

Rock Tech Lithium Inc. (CVE:RCK – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.57 and last traded at C$0.60, with a volume of 35,042 shares traded. The stock had previously closed at C$0.60.

Rock Tech Lithium Trading Down 1.7%

The company has a quick ratio of 4.68, a current ratio of 1.02 and a debt-to-equity ratio of 0.89. The company’s 50-day moving average is C$0.67 and its 200-day moving average is C$0.79. The stock has a market capitalization of C$72.50 million, a price-to-earnings ratio of -5.90 and a beta of -0.10.

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. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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