Millennial Lithium Corp. (CVE:ML – Get Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$4.04 and traded as low as C$3.63. Millennial Lithium shares last traded at C$4.04, with a volume of 832,799 shares.
Millennial Lithium Price Performance
The company’s 50 day simple moving average is C$4.04 and its 200-day simple moving average is C$4.04. The company has a current ratio of 38.93, a quick ratio of 38.73 and a debt-to-equity ratio of 0.12. The company has a market capitalization of C$395.36 million and a price-to-earnings ratio of -20.20.
Millennial Lithium Company Profile
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp.
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