Rock Tech Lithium (CVE:RCK) Sets New 12-Month Low – Here’s Why

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$1.04, with a volume of 13665 shares traded. The stock had previously closed at C$1.03.

Rock Tech Lithium Stock Up 1.0 %

The stock has a 50-day moving average of C$1.08 and a 200 day moving average of C$1.25. 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 company has a market cap of C$108.26 million, a P/E ratio of -2.74 and a beta of 1.51.

Rock Tech Lithium Company Profile

(Get Free Report)

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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