Argentina Lithium & Energy (CVE:LIT) Trading Up 20% – Here’s What Happened

Argentina Lithium & Energy Corp. (CVE:LIT) shares shot up 20% during trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. 207,412 shares were traded during trading, a decline of 27% from the average session volume of 282,489 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Trading Down 6.7%

The firm has a 50 day moving average price of C$0.15 and a 200-day moving average price of C$0.12. The firm has a market cap of C$19.26 million, a price-to-earnings ratio of -1.56 and a beta of -0.71.

About Argentina Lithium & Energy

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. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.