Lithium ION Energy (CVE:ION) Stock Price Up 33.3% – Should You Buy?

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) traded up 33.3% during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 1,240,683 shares changed hands during mid-day trading, an increase of 1,729% from the average session volume of 67,819 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Price Performance

The firm’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a market cap of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45.

Lithium ION Energy Company Profile

(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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