Lion One Metals (CVE:LIO) Stock Price Down 22.1% – Should You Sell?

Lion One Metals Limited (CVE:LIOGet Free Report) fell 22.1% during mid-day trading on Friday . The company traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares traded hands during trading, an increase of 715% from the average session volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Price Performance

The company has a market capitalization of C$78.61 million, a PE ratio of -2.31 and a beta of 0.43. The company has a quick ratio of 11.23, a current ratio of 4.07 and a debt-to-equity ratio of 23.06. The firm’s 50-day moving average is C$0.29 and its 200-day moving average is C$0.31.

Lion One Metals Company Profile

(Get Free Report)

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji.

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