Rock Tech Lithium (OTCMKTS:RCKTF) Shares Down 5.8% – What’s Next?

Rock Tech Lithium Inc. (OTCMKTS:RCKTFGet Free Report) shares dropped 5.8% during mid-day trading on Monday . The company traded as low as C$0.68 and last traded at C$0.72. Approximately 3,230 shares traded hands during trading, a decline of 3% from the average daily volume of 3,346 shares. The stock had previously closed at C$0.77.

Rock Tech Lithium Price Performance

The stock’s 50 day simple moving average is C$0.66 and its 200 day simple moving average is C$0.63.

About Rock Tech Lithium

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Rock Tech Lithium Inc is a Canada-based resource company focused on the exploration, development and processing of lithium resources for the electric vehicle and energy storage markets. The company’s flagship asset is the North American Lithium Mine in La Corne, Quebec, which it acquired in 2020. Rock Tech Lithium is working to optimize spodumene concentrate production at this site as the feedstock for downstream processing.

In addition to its Quebec operations, Rock Tech Lithium is developing an integrated lithium hydroxide refinery in Guben, Germany.

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