Lithium ION Energy (CVE:ION) Trading Up 22.2% – What’s Next?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price was up 22.2% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 1,340,783 shares changed hands during mid-day trading, an increase of 1,816% from the average daily volume of 69,995 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Stock Performance

The firm has a market capitalization of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45. The stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

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.

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