Argentina Lithium & Energy (CVE:LIT) Stock Price Up 31.3% – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s stock price was up 31.3% on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 398,500 shares were traded during mid-day trading, an increase of 337% from the average daily volume of 91,106 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Price Performance

The business’s 50 day moving average is C$0.11 and its 200-day moving average is C$0.14. The company has a market cap of C$12.08 million and a PE ratio of -0.24.

About Argentina Lithium & Energy

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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