Lion One Metals (CVE:LIO) Hits New 52-Week Low – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 726186 shares trading hands. The stock had previously closed at C$0.12.

Lion One Metals Price Performance

The stock has a 50-day moving average of C$0.17 and a two-hundred day moving average of C$0.25. The firm has a market cap of C$46.33 million, a price-to-earnings ratio of 3.83 and a beta of 0.21. The company has a current ratio of 1.01, a quick ratio of 11.23 and a debt-to-equity ratio of 17.69.

About Lion One Metals

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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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