Century Lithium (CVE:LCE) Trading Up 31.6% – Here’s What Happened

Shares of Century Lithium Corp. (CVE:LCE) shot up 31.6% during mid-day trading on Wednesday . The company traded as high as C$0.27 and last traded at C$0.25. 677,238 shares traded hands during trading, an increase of 632% from the average session volume of 92,567 shares. The stock had previously closed at C$0.19.

Century Lithium Stock Up 31.6 %

The company has a 50 day simple moving average of C$0.29 and a 200 day simple moving average of C$0.29. The company has a market capitalization of C$37.19 million, a price-to-earnings ratio of -8.33 and a beta of 1.30.

About Century Lithium

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.