Century Lithium (CVE:LCE) Stock Price Down 32.1% – Here’s Why

Century Lithium Corp. (CVE:LCE) dropped 32.1% during mid-day trading on Tuesday . The company traded as low as C$0.17 and last traded at C$0.19. Approximately 919,632 shares changed hands during trading, an increase of 1,270% from the average daily volume of 67,146 shares. The stock had previously closed at C$0.28.

Century Lithium Stock Performance

The company has a market capitalization of C$28.26 million, a PE ratio of -6.33 and a beta of 1.30. The business’s 50-day moving average is C$0.29 and its 200-day moving average is C$0.29.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.