Lithium ION Energy (CVE:ION) Trading Up 25% – Should You Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s stock price was up 25% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 194,000 shares traded hands during trading, an increase of 392% from the average daily volume of 39,438 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Stock Performance

The company has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.05. The firm has a market capitalization of C$3.27 million, a price-to-earnings ratio of -1.67 and a beta of 1.45.

About Lithium ION Energy

(Get Free Report)

Lithium ION Energy Ltd. engages in the acquisition and exploration of mineral properties in Asia. It primarily explores for lithium deposits. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 63,000 hectares located in Mongolia. The company was formerly known as Ion Energy Ltd.

Further Reading

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