Lion One Metals (CVE:LIO) Stock Price Up 12.5% – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report) rose 12.5% on Thursday . The company traded as high as C$0.14 and last traded at C$0.14. 524,914 shares traded hands during trading, a decline of 30% from the average session volume of 747,321 shares. The stock had previously closed at C$0.12.

Lion One Metals Trading Up 12.5%

The company has a debt-to-equity ratio of 17.69, a current ratio of 1.01 and a quick ratio of 11.23. The firm has a market cap of C$54.39 million, a price-to-earnings ratio of 4.50 and a beta of 0.15. The firm’s fifty day moving average is C$0.14 and its 200-day moving average is C$0.24.

Lion One Metals Company Profile

(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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