Century Lithium (CVE:LCE) Trading Down 16.1% – Here’s What Happened

Century Lithium Corp. (CVE:LCE)’s stock price fell 16.1% during trading on Monday . The stock traded as low as C$0.22 and last traded at C$0.24. 100,139 shares changed hands during mid-day trading, an increase of 218% from the average session volume of 31,516 shares. The stock had previously closed at C$0.28.

Century Lithium Price Performance

The company’s 50-day moving average price is C$0.29 and its two-hundred day moving average price is C$0.29. The company has a market capitalization of C$35.70 million, a P/E ratio of -8.00 and a beta of 1.30.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.