Millennial Lithium (CVE:ML) Stock Price Passes Below 50 Day Moving Average of $4.04

Millennial Lithium Corp. (CVE:MLGet Rating)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$4.04 and traded as low as C$3.63. Millennial Lithium shares last traded at C$4.04, with a volume of 832,799 shares changing hands.

Millennial Lithium Trading Up 2.0 %

The business’s 50-day moving average price is C$4.04 and its two-hundred day moving average price is C$4.04. The company has a debt-to-equity ratio of 0.12, a current ratio of 38.93 and a quick ratio of 38.73. The firm has a market cap of C$395.36 million and a price-to-earnings ratio of -20.20.

About Millennial Lithium

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Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp.

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