Dajin Lithium (CVE:DJI) Shares Cross Below Fifty Day Moving Average – Time to Sell?

by · The Cerbat Gem

Dajin Lithium Corp. (CVE:DJI – Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.75 and traded as low as C$0.75. Dajin Lithium shares last traded at C$0.75, with a volume of 4,569 shares.

Dajin Lithium Trading Down 2.6 %

The company has a debt-to-equity ratio of 7.99, a current ratio of 0.14 and a quick ratio of 0.08. The firm has a market cap of C$12.32 million and a price-to-earnings ratio of -15.96. The firm’s fifty day moving average is C$0.75 and its 200-day moving average is C$0.75.

Dajin Lithium Company Profile

(Get Free Report)

Dajin Lithium Corp., together with its subsidiaries, primarily engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Argentina. It explores for lithium, potash, and boron minerals. The company holds a 100% interest in Teels Marsh Project that covers 403 placer mineral claims covering an area of approximately 3,202 hectares located in the Teels Marsh valley of Mineral County, Nevada; and Alkali Lake project, which includes 62 placer mineral claims situated in the Alkali Spring valley of Esmeralda county, Nevada.

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