Bearing Lithium Corp. (CVE:BRZ – Get Free Report) shares shot up 1.8% during trading on Tuesday . The stock traded as high as C$0.29 and last traded at C$0.29. 19,000 shares changed hands during trading, a decline of 78% from the average session volume of 87,062 shares. The stock had previously closed at C$0.28.
Bearing Lithium Price Performance
The company has a market cap of C$31.08 million and a PE ratio of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 22.04 and a current ratio of 22.40. The stock has a 50 day moving average of C$0.29 and a 200-day moving average of C$0.28.
About Bearing Lithium
Bearing Lithium Corp. operates as a lithium-focused mineral exploration and development company. The company primarily explores for lithium and potassium deposits. It owns 17.14% in the Maricunga lithium brine project that comprises 4,463 hectares of old code and new code tenements covering a portion of the Maricunga Salar in northern Chile. The company is based in Vancouver, Canada. As of December 22, 2022, Bearing Lithium Corp. operates as a subsidiary of Lithium Power International Limited.
Further Reading
- Five stocks we like better than Bearing Lithium
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Bearing Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bearing Lithium and related companies with MarketBeat.com's FREE daily email newsletter.
