Lithium ION Energy Ltd. (CVE:ION – Get Free Report) was down 11.1% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 141,507 shares traded hands during mid-day trading, an increase of 290% from the average daily volume of 36,308 shares. The stock had previously closed at C$0.05.
Lithium ION Energy Price Performance
The stock has a market capitalization of C$2.94 million, a price-to-earnings ratio of -1.13 and a beta of 1.39. The business has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.08.
Lithium ION Energy Company Profile
Lithium ION Energy Ltd. explores for and develops lithium deposits in Asia. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 81,758 hectares located in Mongolia. The company also holds interest in the Urgakh Naran lithium brine project that covers an area of approximately 29,770 hectares located in Dornogovi Province, Mongolia.
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