Shares of Frontier Lithium Inc. (CVE:FL – Get Free Report) were up 8.5% during mid-day trading on Tuesday . The stock traded as high as C$0.45 and last traded at C$0.45. Approximately 156,073 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 207,666 shares. The stock had previously closed at C$0.41.
Frontier Lithium Trading Up 8.5 %
The company has a current ratio of 4.62, a quick ratio of 5.19 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of C$101.30 million, a P/E ratio of -4.45 and a beta of 1.35. The business has a 50 day moving average of C$0.49 and a 200-day moving average of C$0.59.
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.
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