Rock Tech Lithium (CVE:RCK) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Shares of Rock Tech Lithium Inc. (CVE:RCKGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.08 and traded as high as C$1.27. Rock Tech Lithium shares last traded at C$1.12, with a volume of 28,203 shares changing hands.

Rock Tech Lithium Stock Down 11.8 %

The stock has a 50-day moving average of C$1.08 and a 200 day moving average of C$1.22. The company has a market capitalization of C$116.59 million, a PE ratio of -2.95 and a beta of 1.51. The company has a quick ratio of 4.68, a current ratio of 2.00 and a debt-to-equity ratio of 1.87.

Rock Tech Lithium Company Profile

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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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