Frontier Lithium (CVE:FL) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Frontier Lithium Inc. (CVE:FL) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.67 and traded as high as C$0.89. Frontier Lithium shares last traded at C$0.85, with a volume of 334,764 shares traded.

Frontier Lithium Stock Down 1.2%

The stock has a 50-day simple moving average of C$0.83 and a 200-day simple moving average of C$0.67. The company has a current ratio of 4.15, a quick ratio of 5.19 and a debt-to-equity ratio of 0.12. The company has a market cap of C$195.98 million, a price-to-earnings ratio of -17.00 and a beta of 1.34.

About Frontier Lithium

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.