Lion One Metals (CVE:LIO) Stock Price Down 18.2% – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report)’s share price traded down 18.2% during mid-day trading on Thursday . The stock traded as low as C$0.29 and last traded at C$0.32. 1,427,975 shares traded hands during trading, an increase of 423% from the average session volume of 272,783 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Up 6.7 %

The company has a market capitalization of C$83.85 million, a P/E ratio of -2.46 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. The stock has a 50 day moving average price of C$0.29 and a 200 day moving average price of C$0.31.

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.

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