Bearing Lithium (CVE:BRZ) Stock Price Up 1.8% – What’s Next?

by · The Cerbat Gem

Bearing Lithium Corp. (CVE:BRZ – Get Free Report) shares traded up 1.8% on Wednesday . The company traded as high as C$0.29 and last traded at C$0.29. 19,000 shares changed hands during mid-day 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 Trading Up 1.8 %

The firm has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.28. The firm has a market cap of C$31.08 million and a PE ratio of 1.24. The company has a quick ratio of 22.04, a current ratio of 22.40 and a debt-to-equity ratio of 0.35.

About Bearing Lithium

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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.

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