Frontier Lithium Inc. (CVE:FL – Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.44 and traded as low as C$0.42. Frontier Lithium shares last traded at C$0.42, with a volume of 101,401 shares trading hands.
Frontier Lithium Stock Performance
The company has a market cap of C$106.49 million, a price-to-earnings ratio of -8.50 and a beta of 0.82. The company has a current ratio of 0.63, a quick ratio of 5.19 and a debt-to-equity ratio of -260.39. The stock’s 50 day moving average price is C$0.44 and its 200 day moving average price is C$0.61.
About Frontier Lithium
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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