Shares of Millennial Lithium Corp. (CVE:ML – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$4.04 and traded as high as C$4.06. Millennial Lithium shares last traded at C$4.04, with a volume of 832,799 shares changing hands.
Millennial Lithium Price Performance
The firm has a 50-day simple moving average of C$4.04 and a 200-day simple moving average of C$4.04. The firm has a market capitalization of C$395.36 million and a PE ratio of -20.20. The company has a debt-to-equity ratio of 0.12, a current ratio of 38.93 and a quick ratio of 38.73.
Millennial Lithium Company Profile
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp. in June 2016. The company was incorporated in 2005 and is headquartered in West Vancouver, Canada.
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