Shares of Bearing Lithium Corp. (CVE:BRZ – Get Free Report) rose 1.8% during mid-day trading on Monday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 19,000 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 87,062 shares. The stock had previously closed at C$0.28.
Bearing Lithium Price Performance
The firm has a 50-day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.28. The company has a market capitalization of C$31.08 million and a price-to-earnings ratio of 1.24. The company has a current ratio of 22.40, a quick ratio of 22.04 and a debt-to-equity ratio of 0.35.
Bearing Lithium Company Profile
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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