Bacanora Lithium (LON:BCN) Shares Cross Below 50 Day Moving Average of $67.00

Bacanora Lithium Plc (LON:BCNGet Rating) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 67 ($0.81) and traded as low as GBX 67 ($0.81). Bacanora Lithium shares last traded at GBX 67 ($0.81), with a volume of 238,939 shares changing hands.

Bacanora Lithium Trading Down 0.4 %

The company has a market capitalization of £259.38 million and a PE ratio of 8.70. The company has a current ratio of 36.64, a quick ratio of 36.64 and a debt-to-equity ratio of 18.44. The stock has a fifty day moving average of GBX 67 and a two-hundred day moving average of GBX 67.03.

Bacanora Lithium Company Profile

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Bacanora Lithium Plc, a development stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties. The company primarily explores for battery grade lithium carbonates. Its flagship project is the Sonora lithium project, which consists of 10 mining concessions covering approximately 100,000 hectares located in the northeast of Sonora State in Mexico.

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