Lithium ION Energy (CVE:ION) Stock Price Up 22.2% – Still a Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price traded up 22.2% during trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 1,475,783 shares traded hands during mid-day trading, an increase of 1,924% from the average session volume of 72,930 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Trading Up 22.2 %

The business’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market capitalization of C$3.60 million, a price-to-earnings ratio of -1.83 and a beta of 1.45.

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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