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

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

The company’s 50-day moving average is C$0.31 and its two-hundred day moving average is C$0.31. The company has a debt-to-equity ratio of 4.80, a current ratio of 0.35 and a quick ratio of 0.09. The firm has a market cap of C$8.62 million and a P/E ratio of -1.49.

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

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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