Frontier Lithium Inc (CVE:FL) shot up 2.7% on Monday . The company traded as high as C$0.19 and last traded at C$0.19, 159,700 shares were traded during trading. An increase of 130% from the average session volume of 69,381 shares. The stock had previously closed at C$0.19.
The business’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.22. The firm has a market capitalization of $33.04 million and a P/E ratio of -19.00.
Frontier Lithium Company Profile (CVE:FL)
Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for lithium, tantalum, rubidium, and cesium metals. It holds interests the PAK Lithium Project covering 6,976 hectares of area located in northwestern Ontario, Canada. Frontier Lithium Inc has a strategic partnership agreement with XPS Expert Process Solutions to develop a process to refine spodumene concentrate into lithium hydroxide.
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