Century Lithium (CVE:LCE) Stock Price Down 7.1% – Should You Sell?

Century Lithium Corp. (CVE:LCE) traded down 7.1% on Thursday . The company traded as low as C$0.50 and last traded at C$0.52. 421,830 shares changed hands during mid-day trading, an increase of 68% from the average session volume of 251,033 shares. The stock had previously closed at C$0.56.

Century Lithium Stock Performance

The firm has a market cap of C$85.95 million, a P/E ratio of -26.00 and a beta of 1.20. The firm’s fifty day simple moving average is C$0.48 and its 200 day simple moving average is C$0.35.

About Century Lithium

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. Century Lithium Corp. was formerly known as Cypress Development Corp.