Century Lithium (CVE:LCE) Stock Price Up 25% – Time to Buy?

Century Lithium Corp. (CVE:LCE) shot up 25% during trading on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.30. 262,300 shares traded hands during mid-day trading, an increase of 202% from the average session volume of 86,810 shares. The stock had previously closed at C$0.24.

Century Lithium Stock Up 25.0 %

The firm’s 50 day simple moving average is C$0.27 and its 200 day simple moving average is C$0.29. The company has a market cap of C$44.85 million, a price-to-earnings ratio of -13.44 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.