Lion One Metals (CVE:LIO) Shares Down 22.1% – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report)’s share price was down 22.1% on Friday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 3,033,449 shares changed hands during trading, an increase of 715% from the average daily volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Performance

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

About Lion One Metals

(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.

Further Reading

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