Lion One Metals (CVE:LIO) Trading Up 10.7% – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report) shares shot up 10.7% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. 268,397 shares were traded during trading, a decline of 62% from the average daily volume of 709,765 shares. The stock had previously closed at C$0.14.

Lion One Metals Stock Up 10.7%

The company has a current ratio of 1.01, a quick ratio of 11.23 and a debt-to-equity ratio of 17.69. The business has a fifty day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.23. The company has a market cap of C$62.44 million, a PE ratio of 5.17 and a beta of 0.15.

About Lion One Metals

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

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