Frontier Lithium Inc. (CVE:FL – Get Free Report) rose 8.5% during mid-day trading on Tuesday . The company traded as high as C$0.45 and last traded at C$0.45. Approximately 156,073 shares changed hands during trading, a decline of 25% from the average daily volume of 207,666 shares. The stock had previously closed at C$0.41.
Frontier Lithium Price Performance
The company’s 50 day moving average price is C$0.49 and its 200 day moving average price is C$0.59. The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.19 and a current ratio of 4.62. The company has a market cap of C$102.43 million, a price-to-earnings ratio of -4.50 and a beta of 1.35.
Frontier Lithium Company Profile
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.
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