Millennial Lithium (CVE:ML) Trading 2% Higher – Should You Buy?

Millennial Lithium Corp. (CVE:MLGet Free Report) traded up 2% during trading on Friday . The company traded as high as C$4.06 and last traded at C$4.04. 832,799 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 798,871 shares. The stock had previously closed at C$3.96.

Millennial Lithium Stock Performance

The stock has a market capitalization of C$395.36 million and a PE ratio of -20.20. The company has a debt-to-equity ratio of 0.12, a current ratio of 38.93 and a quick ratio of 38.73. The business has a 50 day moving average price of C$4.04 and a 200 day moving average price of C$4.04.

About Millennial Lithium

(Get Free Report)

Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp.

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