Millennial Lithium Corp. (CVE:ML – Get Free Report)’s share price rose 2% during trading on Friday . The company traded as high as C$4.06 and last traded at C$4.04. Approximately 832,799 shares were traded during trading, an increase of 4% from the average daily volume of 798,871 shares. The stock had previously closed at C$3.96.
Millennial Lithium Stock Up 2.0%
The company has a debt-to-equity ratio of 0.12, a quick ratio of 38.73 and a current ratio of 38.93. The business has a 50 day simple moving average of C$4.04 and a 200-day simple moving average of C$4.04. The firm has a market capitalization of C$395.36 million and a price-to-earnings ratio of -20.20.
About Millennial Lithium
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. in June 2016. The company was incorporated in 2005 and is headquartered in West Vancouver, Canada.
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