Bacanora Lithium (LON:BCN) Stock Passes Below 50-Day Moving Average – What’s Next?

Bacanora Lithium Plc (LON:BCNGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 67 ($0.87) and traded as low as GBX 67 ($0.87). Bacanora Lithium shares last traded at GBX 67 ($0.87), with a volume of 238,939 shares trading hands.

Bacanora Lithium Price Performance

The stock has a fifty day simple moving average of GBX 67 and a 200-day simple moving average of GBX 67. The company has a market capitalization of £259.38 million and a PE ratio of 8.70. The company has a current ratio of 36.64, a quick ratio of 36.64 and a debt-to-equity ratio of 18.44.

About Bacanora Lithium

(Get Free Report)

Bacanora Lithium Plc, a development stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties. The company primarily explores for battery grade lithium carbonates. Its flagship project is the Sonora lithium project, which consists of 10 mining concessions covering approximately 100,000 hectares located in the northeast of Sonora State in Mexico.

Read More

Receive News & Ratings for Bacanora Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bacanora Lithium and related companies with MarketBeat.com's FREE daily email newsletter.