Lion One Metals (CVE:LIO) Shares Down 7.9% – Should You Sell?

Lion One Metals Limited (CVE:LIOGet Free Report) was down 7.9% on Monday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 141,023 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 696,759 shares. The stock had previously closed at C$0.19.

Lion One Metals Stock Down 2.8%

The firm has a market cap of C$70.50 million, a PE ratio of 5.83 and a beta of 0.11. The company has a debt-to-equity ratio of 17.69, a quick ratio of 11.23 and a current ratio of 1.01. The company’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.19.

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

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