Frontier Lithium Inc. (CVE:FL – Get Free Report) shares rose 1.4% during mid-day trading on Wednesday . The company traded as high as C$0.71 and last traded at C$0.71. Approximately 86,684 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 128,624 shares. The stock had previously closed at C$0.70.
Frontier Lithium Trading Up 1.4%
The company has a quick ratio of 5.19, a current ratio of 4.15 and a debt-to-equity ratio of 0.12. The business’s fifty day moving average is C$0.69 and its 200 day moving average is C$0.59. The stock has a market cap of C$163.70 million, a PE ratio of -14.20 and a beta of 1.28.
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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