Rock Tech Lithium (CVE:RCK) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCK)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.95 and traded as high as C$0.95. Rock Tech Lithium shares last traded at C$0.94, with a volume of 3,004 shares changing hands.

Rock Tech Lithium Trading Down 1.1%

The company has a quick ratio of 4.68, a current ratio of 2.02 and a debt-to-equity ratio of 1.23. The business has a fifty day simple moving average of C$0.95 and a 200 day simple moving average of C$0.91. The company has a market cap of C$112.80 million, a price-to-earnings ratio of -8.55 and a beta of -0.01.

About Rock Tech Lithium

Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.