Frontier Lithium (CVE:FL) Stock Price Passes Below 200 Day Moving Average – What’s Next?
by Scott Moore · The Cerbat GemFrontier Lithium Inc. (CVE:FL – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.75 and traded as low as C$0.48. Frontier Lithium shares last traded at C$0.48, with a volume of 156,219 shares.
Frontier Lithium Stock Down 6.7%
The company has a current ratio of 0.37, a quick ratio of 5.19 and a debt-to-equity ratio of -50.22. The company has a 50 day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.75. The firm has a market capitalization of C$111.82 million, a P/E ratio of -9.70 and a beta of 0.76.
Frontier Lithium Company Profile
Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.