Millennial Lithium Corp. (CVE:ML – Get Free Report)’s share price shot up 2% during mid-day trading on Friday . The company traded as high as C$4.06 and last traded at C$4.04. 832,799 shares were traded during mid-day trading, an increase of 4% from the average session volume of 798,871 shares. The stock had previously closed at C$3.96.
Millennial Lithium Price Performance
The business’s 50-day moving average price is C$4.04 and its 200 day moving average price is C$4.04. The company has a market capitalization of C$395.36 million and a P/E ratio of -20.20. The company has a quick ratio of 38.73, a current ratio of 38.93 and a debt-to-equity ratio of 0.12.
About Millennial Lithium
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp.
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