|Bid||0.91 x 0|
|Ask||0.99 x 0|
|Day's Range||0.9800 - 0.9800|
|52 Week Range||0.7600 - 1.7200|
|Beta (3Y Monthly)||7.91|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.14|
Not only did the overall market slip into negative territory on heavy selling in December, resource stocks did so as well. Share prices of lithium companies were down again, after having lost much ground already in the preceding months. While 2017 was a surprisingly good year for lithium share prices bringing up valuations by meaningful amounts, 2018 was the even more surprising move to the downside.
Martin Stephan , Chief Executive Officer of Rock Tech, commented, "We are excited to begin the trenching program following up on the positive results from our Preliminary Economic Assessment announced October 2, 2018 .
VANCOUVER , Oct. 3, 2018 /CNW/ - Rock Tech Lithium Inc. (the "Company" or "Rock Tech") [(RCK.V) (RJIB.F) (WKN:A1XF0V)], at the request of the Investment Industry Regulatory Organization of Canada ("IIROC"), clarifies certain statements made in a news release distributed on October 2, 2018 , disclosing the results of a Preliminary Economic Assessment ("PEA") at its flagship 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada . The production scenario contemplated in the PEA and disclosed in the press release called for total production of 1.1 million tonnes of chemical grade (6.2%) spodumene concentrate. This is based on a portion of the Measured, Indicated and Inferred resources included in the Company's Technical Report dated August 10, 2018 , prepared by DMT.
Rock Tech Lithium Presents Results of First Economic Assessment: Main Resource Zone at Georgia Lake Property with Net Present Value of $312 million, IRR of 62.2%
Frankfurt : RJIB (WKN:A1XF0V)] is pleased to announce that it has completed a hydrogeological survey on the Georgia Lake property. The hydrogeological investigations help estimate the recharge of groundwater and the catchment areas, information important to define mining costs at the property. The work supported the results of the hydrogeological work performed on the property in the late 1950's and during 2010/2011 when Rock Tech commissioned baseline ecological and water balance studies for the purpose of the permission process for future advanced exploration on the Georgia Lake lithium property.
Attendance at the conference was record-setting, but in a very difficult environment for explorers: in this volatile market, the Global X Lithium & Battery Tech ETF LIT is down 16% this year, after a 59% surge in 2017. The share prices of most lithium producers and explorers even plunged by more than 40%.
Rock Tech Increases Lithium Tonnage at Georgia Lake by more than 40% in preparation of Preliminary Economic Study - Measured and Indicated Resources more than doubled
Strategic Expansion of Project Portfolio - Rock Tech Signs Letter of Intent to Acquire Brine Targets in Mexico
Rock Tech Announces Third Batch of Assay Results from Trenching Program - Preparation for Upcoming Drill Program