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

Bacanora Lithium Plc (LON:BCNGet Rating) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 67 ($0.82) and traded as high as GBX 67.10 ($0.82). Bacanora Lithium shares last traded at GBX 67 ($0.82), with a volume of 238,939 shares changing hands.

Bacanora Lithium Stock Down 0.4 %

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

About Bacanora Lithium

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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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