Rock Tech Lithium (CVE:RCK) Shares Pass Above 50 Day Moving Average of $1.18

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.18 and traded as high as C$1.36. Rock Tech Lithium shares last traded at C$1.34, with a volume of 73,448 shares.

Rock Tech Lithium Stock Performance

The firm’s 50-day moving average price is C$1.18 and its 200 day moving average price is C$1.22. The company has a debt-to-equity ratio of 1.99, a quick ratio of 4.68 and a current ratio of 3.54. The company has a market cap of C$135.68 million, a price-to-earnings ratio of -3.53 and a beta of 1.75.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. It holds a 100% interest in the Georgia Lake lithium project comprising 277 claim units and 41 mining leases located in the Thunder Bay Mining District of Ontario. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate.

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