Rock Tech Lithium (CVE:RCK) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.08 and traded as high as C$1.27. Rock Tech Lithium shares last traded at C$1.12, with a volume of 28,203 shares traded.

Rock Tech Lithium Trading Down 11.8 %

The company has a market cap of C$116.59 million, a PE ratio of -2.95 and a beta of 1.51. The stock has a 50 day moving average price of C$1.08 and a 200 day moving average price of C$1.22. The company has a current ratio of 2.00, a quick ratio of 4.68 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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