Rock Tech Lithium (CVE:RCK) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

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$0.83 and traded as high as C$1.16. Rock Tech Lithium shares last traded at C$1.04, with a volume of 124,761 shares changing hands.

Rock Tech Lithium Price Performance

The stock has a market capitalization of C$119.94 million, a P/E ratio of -9.45 and a beta of 0.84. The company has a 50 day moving average of C$0.83 and a 200-day moving average of C$0.87. The company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05.

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. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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