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Rock Tech Lithium CVE:RCK Stock Moves Below 50-Day Average

Rock Tech Lithium Stock Performance

The shares of Rock Tech Lithium (CVE:RCK) fell below the 50-day moving average in Wednesday’s trading session. The stock, with a 50-day moving average of C$1.45, traded as low as C$1.19, closing at C$1.20.

Financial Overview of Rock Tech Lithium

Rock Tech Lithium holds a debt-to-equity ratio of 1.80, a current ratio of 3.31, and a quick ratio of 4.68. The company’s market capitalization is C$121.50 million, with a PE ratio of -3.16 and a beta of 1.53.

About Rock Tech Lithium

Rock Tech Lithium Inc specializes in the exploration and development of lithium properties, focusing on battery-grade lithium hydroxide monohydrate. Its flagship project is the Georgia Lake lithium project in Ontario’s Thunder Bay Mining District. Originally named Rock Tech Resources Inc, it rebranded to Rock Tech Lithium Inc in 2010.

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