Lithium ION Energy (CVE:ION) Stock Price Down 25% – What’s Next?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares traded down 25% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 165,000 shares changed hands during trading, an increase of 213% from the average session volume of 52,636 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Stock Performance

The firm has a market cap of C$2.29 million, a P/E ratio of -1.17 and a beta of 1.45. The firm has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.05.

About Lithium ION Energy

(Get Free Report)

Lithium ION Energy Ltd. engages in the acquisition and exploration of mineral properties in Asia. It primarily explores for lithium deposits. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 63,000 hectares located in Mongolia. The company was formerly known as Ion Energy Ltd.

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