Lion One Metals (CVE:LIO) Sets New 12-Month Low – Time to Sell?

Lion One Metals Limited (CVE:LIO)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$0.22 and last traded at C$0.23, with a volume of 376913 shares traded. The stock had previously closed at C$0.24.

Lion One Metals Stock Down 12.5%

The firm has a market capitalization of C$84.60 million, a price-to-earnings ratio of 7.00 and a beta of 0.60. The business has a 50 day moving average of C$0.32 and a 200 day moving average of C$0.30. The company has a debt-to-equity ratio of 18.36, a current ratio of 1.15 and a quick ratio of 11.23.

Lion One Metals Company Profile

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. Lion One Metals Limited is headquartered in North Vancouver, Canada.