Rock Tech Lithium (CVE:RCK) Hits New 1-Year Low – What’s Next?

Shares of Rock Tech Lithium Inc. (CVE:RCKGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$1.09, with a volume of 26363 shares changing hands. The stock had previously closed at C$1.08.

Rock Tech Lithium Stock Down 6.4 %

The company’s fifty day moving average price is C$1.13 and its 200-day moving average price is C$1.13. The stock has a market capitalization of C$104.21 million, a PE ratio of -5.69 and a beta of 1.51. The company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05.

About Rock Tech Lithium

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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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