Bearing Lithium Corp. (CVE:BRZ – Get Free Report) shares rose 1.8% during trading on Thursday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 19,000 shares traded hands during trading, a decline of 78% from the average daily volume of 87,062 shares. The stock had previously closed at C$0.28.
Bearing Lithium Stock Up 1.8 %
The stock has a market cap of C$31.08 million and a price-to-earnings ratio of 1.24. The company has a current ratio of 22.40, a quick ratio of 22.04 and a debt-to-equity ratio of 0.35. The business’s fifty day simple moving average is C$0.29 and its 200 day simple moving average is C$0.28.
About Bearing Lithium
Bearing Lithium Corp. operates as a lithium-focused mineral exploration and development company. The company primarily explores for lithium and potassium deposits. It owns 17.14% in the Maricunga lithium brine project that comprises 4,463 hectares of old code and new code tenements covering a portion of the Maricunga Salar in northern Chile.
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