Lion One Metals (CVE:LIO) Stock Price Down 3.8% – What’s Next?

Lion One Metals Limited (CVE:LIO)’s share price was down 3.8% during mid-day trading on Friday . The stock traded as low as C$0.25 and last traded at C$0.26. Approximately 602,698 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 482,981 shares. The stock had previously closed at C$0.27.

Lion One Metals Trading Down 3.8 %

The stock’s fifty day simple moving average is C$0.30 and its two-hundred day simple moving average is C$0.30. The firm has a market cap of C$67.82 million, a PE ratio of -2.39 and a beta of 0.43. The company has a quick ratio of 11.23, a current ratio of 4.51 and a debt-to-equity ratio of 23.85.

About Lion One Metals

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.