Ion Energy (CVE:ION) Shares Up 11.1%

Ion Energy Ltd. (CVE:IONGet Rating) shares shot up 11.1% on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.20. 302,711 shares were traded during trading, an increase of 577% from the average session volume of 44,701 shares. The stock had previously closed at C$0.18.

Ion Energy Stock Up 2.5 %

The firm has a market capitalization of C$12.43 million and a PE ratio of -5.26. The stock’s fifty day simple moving average is C$0.18 and its 200 day simple moving average is C$0.23.

About Ion Energy

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Ion Energy Ltd. explores for and develops lithium assets in Asia. Its flagship property is the Baavhai Uul lithium brine project that covers 81,758 hectares located in Mongolia. The company was incorporated in 2017 and is headquartered in Toronto, Canada.

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