Dajin Lithium (CVE:DJI) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Dajin Lithium Corp. (CVE:DJI – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.75 and traded as low as C$0.75. Dajin Lithium shares last traded at C$0.75, with a volume of 4,571 shares.

Dajin Lithium Stock Performance

The company has a debt-to-equity ratio of 7.99, a current ratio of 0.14 and a quick ratio of 0.08. The stock has a 50-day simple moving average of C$0.75 and a 200 day simple moving average of C$0.75. The company has a market capitalization of C$12.32 million and a PE ratio of -15.96.

About Dajin Lithium

(Get Free Report)

Dajin Lithium Corp., together with its subsidiaries, primarily engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Argentina. It explores for lithium, potash, and boron minerals. The company holds a 100% interest in Teels Marsh Project that covers 403 placer mineral claims covering an area of approximately 3,202 hectares located in the Teels Marsh valley of Mineral County, Nevada; and Alkali Lake project, which includes 62 placer mineral claims situated in the Alkali Spring valley of Esmeralda county, Nevada.

Recommended Stories

• Five stocks we like better than Dajin Lithium
• How Can Investors Benefit From After-Hours Trading
• Cold Front, Hot Stocks: Diesel Prices Propel Energy Leaders
• Roth IRA Calculator: Calculate Your Potential Returns
• Sustainable and Successful: 3 Climate ETFs Beating the Market
• Are Penny Stocks a Good Fit for Your Portfolio?
• Quantum Opportunity: Skywater Technology’s Long-Term Potential