Millennial Lithium Corp. (CVE:ML – Get Free Report) passed below its 50 day moving average during trading on Thursday . 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 traded.
Millennial Lithium Trading Up 2.0 %
The company has a quick ratio of 38.73, a current ratio of 38.93 and a debt-to-equity ratio of 0.12. The business’s fifty day moving average is C$4.04 and its two-hundred day moving average is C$4.04. The firm has a market cap of C$395.36 million and a price-to-earnings ratio of -20.20.
About Millennial Lithium
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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