Lion One Metals (CVE:LIO) Trading 16.7% Higher – What’s Next?

Lion One Metals Limited (CVE:LIOGet Free Report) rose 16.7% during mid-day trading on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 1,424,650 shares changed hands during mid-day trading, an increase of 73% from the average daily volume of 823,894 shares. The stock had previously closed at C$0.12.

Lion One Metals Stock Up 15.0%

The company has a debt-to-equity ratio of 18.36, a current ratio of 1.15 and a quick ratio of 11.23. The firm has a 50-day moving average of C$0.26 and a 200 day moving average of C$0.28. The stock has a market capitalization of C$55.59 million, a price-to-earnings ratio of 4.60 and a beta of 0.80.

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

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