Century Lithium (CVE:LCE) Stock Price Down 32.1% – Here’s Why

Shares of Century Lithium Corp. (CVE:LCE) dropped 32.1% during trading on Tuesday . The company traded as low as C$0.17 and last traded at C$0.19. Approximately 919,632 shares traded hands during mid-day trading, an increase of 1,270% from the average daily volume of 67,146 shares. The stock had previously closed at C$0.28.

Century Lithium Trading Down 32.1 %

The firm’s 50-day moving average price is C$0.29 and its two-hundred day moving average price is C$0.29. The stock has a market cap of C$28.26 million, a PE ratio of -6.33 and a beta of 1.30.

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.