Rock Tech Lithium (CVE:RCK) Stock Crosses Above 50-Day Moving Average – What’s Next?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.95 and traded as high as C$1.02. Rock Tech Lithium shares last traded at C$0.99, with a volume of 1,351 shares.

Rock Tech Lithium Stock Down 2.0%

The company’s fifty day moving average price is C$0.95 and its 200-day moving average price is C$0.90. The stock has a market cap of C$118.80 million, a P/E ratio of -9.00 and a beta of -0.01. The company has a debt-to-equity ratio of 1.23, a quick ratio of 4.68 and a current ratio of 2.02.

About Rock Tech Lithium

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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. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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