Frontier Lithium (CVE:FL) Trading Down 13.9% – Should You Sell?

Frontier Lithium Inc. (CVE:FLGet Free Report) traded down 13.9% during mid-day trading on Thursday . The stock traded as low as C$0.68 and last traded at C$0.68. 673,890 shares traded hands during mid-day trading, an increase of 401% from the average session volume of 134,547 shares. The stock had previously closed at C$0.79.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus cut their target price on Frontier Lithium from C$3.00 to C$2.50 in a research note on Friday, January 17th.

Check Out Our Latest Analysis on FL

Frontier Lithium Stock Down 13.9 %

The company’s fifty day moving average price is C$0.50 and its 200-day moving average price is C$0.55. The stock has a market capitalization of C$151.81 million, a PE ratio of -7.35 and a beta of 1.35. The company has a quick ratio of 5.19, a current ratio of 4.15 and a debt-to-equity ratio of 0.12.

Frontier Lithium Company Profile

(Get Free Report)

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.

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