Lion One Metals (CVE:LIO) Trading Up 2.9%

Lion One Metals Limited (CVE:LIO) shares shot up 2.9% on Monday . The company traded as high as C$0.35 and last traded at C$0.35. 431,784 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 313,077 shares. The stock had previously closed at C$0.34.

Analyst Upgrades and Downgrades

Separately, Eight Capital reduced their price objective on shares of Lion One Metals from C$3.00 to C$0.75 in a research note on Friday, July 5th.

Lion One Metals Price Performance

The firm has a market capitalization of C$91.71 million, a price-to-earnings ratio of -5.00 and a beta of 0.40. The company has a quick ratio of 11.23, a current ratio of 4.66 and a debt-to-equity ratio of 21.77. The stock’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.42.

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.