Lithium ION Energy (CVE:ION) Trading Up 25% – Should You Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shot up 25% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 194,000 shares were traded during mid-day trading, an increase of 392% from the average session volume of 39,438 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Stock Performance

The stock has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a market capitalization of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45.

Lithium ION Energy Company Profile

(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.

Further Reading

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