Lithium ION Energy (CVE:ION) Trading Up 22.2% – What’s Next?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares rose 22.2% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,131,850 shares changed hands during trading, an increase of 1,672% from the average daily volume of 63,866 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Price Performance

The firm has a market capitalization of C$3.60 million, a P/E ratio of -1.83 and a beta of 1.45. The company has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04.

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.

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