Argentina Lithium & Energy (CVE:LIT) Trading 20% Higher – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s share price rose 20% on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 207,412 shares changed hands during trading, a decline of 27% from the average daily volume of 282,489 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Price Performance

The firm has a market capitalization of C$21.32 million, a price-to-earnings ratio of -1.72 and a beta of -0.71. The business has a fifty day moving average price of C$0.15 and a two-hundred day moving average price of C$0.12.

About Argentina Lithium & Energy

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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.

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