Rock Tech Lithium (CVE:RCK) Reaches New 1-Year Low – What’s Next?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.78 and last traded at C$0.78, with a volume of 38706 shares. The stock had previously closed at C$0.83.

Rock Tech Lithium Trading Down 2.4 %

The company has a current ratio of 2.00, a quick ratio of 4.68 and a debt-to-equity ratio of 1.87. The firm has a market capitalization of C$84.32 million, a P/E ratio of -2.13 and a beta of 1.51. The business has a 50 day moving average of C$1.13 and a 200-day moving average of C$1.30.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010.

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