Shares of Frontier Lithium Inc. (CVE:FL – Get Free Report) traded up 2% during trading on Friday . The stock traded as high as C$0.53 and last traded at C$0.51. 57,259 shares changed hands during trading, a decline of 82% from the average session volume of 310,865 shares. The stock had previously closed at C$0.50.
Frontier Lithium Stock Up 2.0%
The company’s 50-day moving average is C$0.61 and its 200 day moving average is C$0.75. The company has a market capitalization of C$117.59 million, a PE ratio of -10.20 and a beta of 0.76. The company has a debt-to-equity ratio of -67.27, a quick ratio of 5.19 and a current ratio of 0.37.
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. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.
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