Lion One Metals Limited (CVE:LIO – Get Free Report) shares dropped 20% during trading on Thursday . The stock traded as low as C$0.29 and last traded at C$0.31. Approximately 2,025,800 shares were traded during mid-day trading, an increase of 509% from the average daily volume of 332,679 shares. The stock had previously closed at C$0.39.
Lion One Metals Stock Performance
The stock has a 50-day moving average of C$0.29 and a 200 day moving average of C$0.31. The firm has a market capitalization of C$79.92 million, a P/E ratio of -2.35 and a beta of 0.43. The company has a debt-to-equity ratio of 23.06, a quick ratio of 11.23 and a current ratio of 4.07.
About Lion One Metals
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.
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