Stifel Nicolaus Cuts Frontier Lithium (CVE:FL) Price Target to C$2.50

Frontier Lithium (CVE:FL) had its target price lowered by Stifel Nicolaus from C$3.00 to C$2.50 in a report issued on Friday,BayStreet.CA reports.

Frontier Lithium Price Performance

Shares of CVE:FL opened at C$0.48 on Friday. Frontier Lithium has a one year low of C$0.39 and a one year high of C$1.21. The stock has a fifty day moving average of C$0.48 and a 200-day moving average of C$0.57. The company has a market capitalization of C$109.26 million, a PE ratio of -4.80 and a beta of 1.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.19 and a current ratio of 4.62.

Frontier Lithium Company Profile

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.