Frontier Lithium Inc. (CVE:FL – Get Free Report)’s stock price was up 8.5% during trading on Tuesday . The company traded as high as C$0.45 and last traded at C$0.45. Approximately 156,073 shares were traded during trading, a decline of 25% from the average daily volume of 207,666 shares. The stock had previously closed at C$0.41.
Frontier Lithium Stock Performance
The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.19 and a current ratio of 4.62. The firm has a market capitalization of C$102.43 million, a price-to-earnings ratio of -4.50 and a beta of 1.35. The firm’s 50-day moving average price is C$0.49 and its two-hundred day moving average price is C$0.59.
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.
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