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

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.08 and traded as high as C$1.27. Rock Tech Lithium shares last traded at C$1.12, with a volume of 28,203 shares changing hands.

Rock Tech Lithium Price Performance

The stock has a market capitalization of C$116.59 million, a PE ratio of -2.95 and a beta of 1.51. The business’s 50-day moving average price is C$1.08 and its 200 day moving average price is C$1.22. The company has a debt-to-equity ratio of 1.87, a quick ratio of 4.68 and a current ratio of 2.00.

Rock Tech Lithium Company Profile

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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.

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