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

Century Lithium Corp. (CVE:LCE)’s stock price traded down 7.1% during trading on Thursday . The company traded as low as C$0.50 and last traded at C$0.52. 421,830 shares traded hands during 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 Price Performance

The business’s fifty day moving average price is C$0.48 and its two-hundred day moving average price is C$0.35. The stock has a market capitalization of C$85.95 million, a PE ratio of -26.00 and a beta of 1.20.

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.