Lithium South Development Co. (NGZ.V) (CVE:NGZ) Trading Down 8.8%

Lithium South Development Co. (NGZ.V) (CVE:NGZ)’s stock price traded down 8.8% during mid-day trading on Thursday . The stock traded as low as C$0.31 and last traded at C$0.31. 4,000 shares were traded during mid-day trading, a decline of 85% from the average session volume of 25,841 shares. The stock had previously closed at C$0.34.

Lithium South Development Co. (NGZ.V) Trading Down 8.8 %

The company has a market capitalization of C$8.62 million and a price-to-earnings ratio of -1.49. The company has a 50-day moving average price of C$0.31 and a 200-day moving average price of C$0.31. The company has a quick ratio of 0.09, a current ratio of 0.35 and a debt-to-equity ratio of 4.80.

Lithium South Development Co. (NGZ.V) Company Profile

NRG Metals Inc, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties. Its flagship property is the Hombre Muerto North lithium brine project covering approximately 3,287 hectares in 6 mining concessions located in Salta Province, Argentina.