Rock Tech Lithium (CVE:RCK) Reaches New 12-Month Low – Should You Sell?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as C$0.78 and last traded at C$0.78, with a volume of 38706 shares. The stock had previously closed at C$0.83.

Rock Tech Lithium Stock Performance

The stock has a market capitalization of C$84.32 million, a P/E ratio of -2.13 and a beta of 1.51. The stock has a 50 day simple moving average of C$1.13 and a two-hundred day simple moving average of C$1.30. The company has a quick ratio of 4.68, a current ratio of 2.00 and a debt-to-equity ratio of 1.87.

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.

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