Lion One Metals Limited (CVE:LIO – Get Free Report) dropped 19.5% during trading on Thursday . The stock traded as low as C$0.29 and last traded at C$0.31. Approximately 2,010,300 shares traded hands during trading, an increase of 509% from the average daily volume of 329,987 shares. The stock had previously closed at C$0.39.
Lion One Metals Stock Performance
The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23. The stock has a fifty day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.31. The firm has a market capitalization of C$83.85 million, a P/E ratio of -2.46 and a beta of 0.43.
About Lion One Metals
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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