Century Lithium (CVE:LCE) Stock Price Down 21.8% – Should You Sell?

Century Lithium Corp. (CVE:LCE) shares dropped 21.8% on Monday . The company traded as low as C$0.29 and last traded at C$0.31. Approximately 750,306 shares changed hands during trading, an increase of 909% from the average daily volume of 74,332 shares. The stock had previously closed at C$0.39.

Century Lithium Stock Performance

The company has a market capitalization of C$45.60 million, a price-to-earnings ratio of -13.66 and a beta of 1.30. The company’s fifty day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.31.

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.