Lion One Metals (CVE:LIO) Trading Down 21.6% – Here’s What Happened

Lion One Metals Limited (CVE:LIOGet Free Report) shares were down 21.6% during trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 3,249,083 shares were traded during trading, an increase of 724% from the average daily volume of 394,096 shares. The stock had previously closed at C$0.37.

Lion One Metals Price Performance

The company has a debt-to-equity ratio of 23.85, a current ratio of 4.51 and a quick ratio of 11.23. The stock has a market capitalization of C$86.35 million, a price-to-earnings ratio of -4.14 and a beta of 0.53. The company has a 50-day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.29.

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.

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