Rock Tech Lithium (OTCMKTS:RCKTF) Trading Down 3.1% – Should You Sell?

Rock Tech Lithium Inc. (OTCMKTS:RCKTFGet Free Report)’s share price was down 3.1% during trading on Wednesday . The stock traded as low as C$0.53 and last traded at C$0.54. 2,367 shares traded hands during trading, a decline of 17% from the average daily volume of 2,863 shares. The stock had previously closed at C$0.56.

Rock Tech Lithium Stock Down 3.1%

The stock’s 50 day moving average price is C$0.64 and its two-hundred day moving average price is C$0.66.

About Rock Tech Lithium

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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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