Lithium ION Energy (CVE:ION) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.05 and traded as low as C$0.05. Lithium ION Energy shares last traded at C$0.06, with a volume of 16,325 shares.

Lithium ION Energy Trading Up 10.0 %

The stock has a market capitalization of C$3.60 million, a PE ratio of -1.83 and a beta of 1.45. The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06.

About Lithium ION Energy

(Get Free Report)

Lithium ION Energy Ltd. explores for and develops lithium deposits in Asia. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 81,758 hectares located in Mongolia. The company also holds interest in the Urgakh Naran lithium brine project that covers an area of approximately 29,770 hectares located in Dornogovi Province, Mongolia.

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