Lithium ION Energy (CVE:ION) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.04 and traded as low as C$0.04. Lithium ION Energy shares last traded at C$0.04, with a volume of 31,000 shares changing hands.

Lithium ION Energy Stock Performance

The company’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$1.96 million, a price-to-earnings ratio of -1.00 and a beta of 1.45.

About Lithium ION Energy

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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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