Century Lithium (CVE:LCE) Stock Price Down 7.1% – Should You Sell?

Century Lithium Corp. (CVE:LCE)’s stock price was down 7.1% on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 114,022 shares changed hands during trading, a decline of 19% from the average daily volume of 140,856 shares. The stock had previously closed at C$0.28.

Century Lithium Trading Down 1.8%

The stock has a market capitalization of C$45.45 million, a P/E ratio of -13.75 and a beta of 1.26. The company has a fifty day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.31.

Insiders Place Their Bets

In other Century Lithium news, Director James Gaydon Pettit sold 100,000 shares of the stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of C$0.31, for a total value of C$31,000.00. Following the transaction, the director owned 837,100 shares of the company’s stock, valued at approximately C$259,501. This represents a 10.67% decrease in their ownership of the stock. 4.25% of the stock is owned by corporate insiders.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.