Rock Tech Lithium (CVE:RCK) Stock Passes Above 50 Day Moving Average – Here’s Why

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.85 and traded as high as C$0.87. Rock Tech Lithium shares last traded at C$0.83, with a volume of 9,270 shares.

Rock Tech Lithium Stock Performance

The company’s 50-day moving average price is C$0.85 and its two-hundred day moving average price is C$0.94. The company has a market capitalization of C$89.72 million, a price-to-earnings ratio of -6.92 and a beta of 1.01. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.50 and a quick ratio of 4.68.

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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