Frontier Lithium (CVE:FL) Reaches New 12-Month Low – What’s Next?

Frontier Lithium Inc. (CVE:FLGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.39 and last traded at C$0.39, with a volume of 264589 shares trading hands. The stock had previously closed at C$0.42.

Frontier Lithium Price Performance

The firm has a market capitalization of C$91.05 million, a P/E ratio of -4.15 and a beta of 1.35. The firm has a 50 day moving average price of C$0.55 and a 200-day moving average price of C$0.62. The company has a current ratio of 4.62, a quick ratio of 5.19 and a debt-to-equity ratio of 0.16.

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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