Century Lithium (CVE:LCE) Shares Up 1.8% – Still a Buy?

Century Lithium Corp. (CVE:LCE) shares shot up 1.8% during mid-day trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.29. 229,050 shares changed hands during mid-day trading, an increase of 73% from the average session volume of 132,147 shares. The stock had previously closed at C$0.28.

Century Lithium Stock Performance

The company has a 50-day moving average of C$0.28 and a 200-day moving average of C$0.32. The firm has a market capitalization of C$45.33 million, a price-to-earnings ratio of -14.25 and a beta of 1.22.

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.