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

Shares of Lithium South Development Co. (NGZ.V) (CVE:NGZGet Free Report) fell 8.8% on Friday . The stock traded as low as C$0.31 and last traded at C$0.31. 4,000 shares changed hands during 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) Stock Down 8.8 %

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 company has a market capitalization of C$8.62 million and a PE ratio of -1.49. The business’s 50 day simple moving average is C$0.31 and its 200 day simple moving average 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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