Lithium South Development Co. (NGZ.V) (CVE:NGZ) Stock Price Down 8.8% – Time to Sell?

by · The Cerbat Gem

Lithium South Development Co. (NGZ.V) (CVE:NGZ – Get Free Report) shares traded down 8.8% during trading on Tuesday . 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 quick ratio of 0.09, a current ratio of 0.35 and a debt-to-equity ratio of 4.80. The firm has a market cap of C$8.62 million and a PE ratio of -1.49. The company’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.31.

About Lithium South Development Co. (NGZ.V)

(Get Free Report)

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.

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