Rock Tech Lithium (CVE:RCK) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$1.21 and traded as high as C$1.22. Rock Tech Lithium shares last traded at C$1.20, with a volume of 37,788 shares.

Rock Tech Lithium Price Performance

The company has a debt-to-equity ratio of 1.87, a quick ratio of 4.68 and a current ratio of 2.00. The company has a market capitalization of C$124.92 million, a PE ratio of -3.16 and a beta of 1.51. The firm’s 50-day simple moving average is C$1.21 and its 200 day simple moving average is C$1.34.

Rock Tech Lithium Company Profile

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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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