Frontier Lithium (CVE:FL) Trading Up 8.5% – Still a Buy?

Frontier Lithium Inc. (CVE:FLGet Free Report)’s share price traded up 8.5% during trading on Tuesday . The stock traded as high as C$0.45 and last traded at C$0.45. 156,073 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 207,666 shares. The stock had previously closed at C$0.41.

Frontier Lithium Stock Performance

The company has a current ratio of 4.62, a quick ratio of 5.19 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average price is C$0.49 and its two-hundred day moving average price is C$0.59. The firm has a market capitalization of C$101.30 million, a PE ratio of -4.45 and a beta of 1.35.

Frontier Lithium Company Profile

(Get Free Report)

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.

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