Lithium ION Energy Ltd. (CVE:ION – Get Free Report)’s stock price dropped 25% during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 241,575 shares were traded during trading, an increase of 536% from the average daily volume of 37,994 shares. The stock had previously closed at C$0.06.
Lithium ION Energy Price Performance
The stock has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.06. The company has a market cap of C$3.27 million, a PE ratio of -2.00 and a beta of 1.40.
About Lithium ION Energy
Lithium ION Energy Ltd. explores for and develops lithium deposits in Asia. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 81,758 hectares located in Mongolia. The company also holds interest in the Urgakh Naran lithium brine project that covers an area of approximately 29,770 hectares located in Dornogovi Province, Mongolia.
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