Rock Tech Lithium (OTCMKTS:RCKTF) Trading Down 11.2% – What’s Next?

Shares of Rock Tech Lithium Inc. (OTCMKTS:RCKTFGet Free Report) fell 11.2% on Friday . The company traded as low as C$0.45 and last traded at C$0.45. 790 shares were traded during mid-day trading, a decline of 79% from the average session volume of 3,704 shares. The stock had previously closed at C$0.51.

Rock Tech Lithium Stock Performance

The business has a fifty day moving average of C$0.57 and a 200 day moving average of C$0.64.

Rock Tech Lithium Company Profile

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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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