Century Lithium (CVE:LCE) Stock Price Up 25% – Here’s Why

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

Century Lithium Stock Up 25.0 %

The company has a market cap of C$44.85 million, a PE ratio of -13.44 and a beta of 1.30. The stock’s 50 day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.29.

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.