Lithium ION Energy (CVE:ION) Trading 25% Higher – Still a Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price rose 25% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 194,000 shares changed hands during trading, an increase of 392% from the average daily volume of 39,438 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Stock Up 25.0 %

The business’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The firm has a market capitalization of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45.

About Lithium ION Energy

(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.

Recommended Stories

Receive News & Ratings for Lithium ION Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithium ION Energy and related companies with MarketBeat.com's FREE daily email newsletter.