Lion One Metals (CVE:LIO) Stock Price Down 6% – What’s Next?

Lion One Metals Limited (CVE:LIO)’s stock price was down 6% on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 398,050 shares traded hands during trading, a decline of 55% from the average daily volume of 887,411 shares. The stock had previously closed at C$0.25.

Analyst Ratings Changes

Separately, Atrium Research raised Lion One Metals to a “strong-buy” rating in a report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Lion One Metals Stock Performance

The company has a debt-to-equity ratio of 18.36, a quick ratio of 11.23 and a current ratio of 1.15. The company has a market capitalization of C$94.67 million, a P/E ratio of 7.83 and a beta of 0.60. The firm has a 50 day moving average price of C$0.32 and a two-hundred day moving average price of C$0.30.

Lion One Metals Company Profile

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. Lion One Metals Limited is headquartered in North Vancouver, Canada.