The stock of Rock Tech Lithium Inc (CVE:RCK) reached all time high today, Sep, 13 and still has $1.59 target or 85.00% above today’s $0.86 share price. This indicates more upside for the $23.31 million company. This technical setup was reported by Barchart.com. If the $1.59 PT is reached, the company will be worth $19.81M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 297,968 shares traded hands or 1107.67% up from the average. Rock Tech Lithium Inc (CVE:RCK) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
Rock Tech Lithium Inc. is a Canada-based mineral exploration company. The company has a market cap of $23.31 million. The Firm holds an interest in the Georgia Lake lithium project in the Thunder Bay Mining District of Ontario. It currently has negative earnings. The Georgia Lake project consists of approximately 80 leases and approximately 20 claims covering approximately 4,590hectares.
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