Century Lithium (CVE:LCE) Shares Down 21.8% – Time to Sell?

Shares of Century Lithium Corp. (CVE:LCE) fell 21.8% on Monday . The company traded as low as C$0.29 and last traded at C$0.31. 700,745 shares changed hands during mid-day trading, an increase of 849% from the average session volume of 73,878 shares. The stock had previously closed at C$0.39.

Century Lithium Trading Down 20.5%

The firm has a 50 day moving average price of C$0.38 and a 200-day moving average price of C$0.31. The firm has a market cap of C$46.35 million, a price-to-earnings ratio of -13.88 and a beta of 1.30.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.