Argentina Lithium & Energy (CVE:LIT) Trading Down 18.5% – Here’s What Happened

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) dropped 18.5% during trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 749,280 shares traded hands during trading, an increase of 788% from the average daily volume of 84,404 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Stock Down 18.5%

The stock has a market capitalization of C$15.13 million, a price-to-earnings ratio of -1.22 and a beta of 0.33. The business has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.09.

Argentina Lithium & Energy Company Profile

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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.

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