Lithium ION Energy (CVE:ION) Trading 25% Higher – Here’s Why

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares were up 25% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 194,000 shares were traded during mid-day 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 Price Performance

The company has a market capitalization of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45. The business’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05.

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.

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