Argentina Lithium & Energy (CVE:LIT) Shares Up 31.3% – Should You Buy?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares were up 31.3% on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 398,500 shares changed hands during trading, an increase of 337% from the average daily volume of 91,106 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Price Performance

The firm has a market capitalization of C$12.08 million and a price-to-earnings ratio of -0.24. The company has a 50-day moving average price of C$0.11 and a 200-day moving average price of C$0.14.

Argentina Lithium & Energy Company Profile

(Get Free Report)

Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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