Lithium ION Energy (CVE:ION) Shares Down 11.1% – What’s Next?

by · The Cerbat Gem

Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) fell 11.1% during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 205,438 shares traded hands during trading, an increase of 262% from the average session volume of 56,809 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Price Performance

The stock has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04. The company has a market capitalization of C$2.75 million, a PE ratio of -2.00 and a beta of -0.06.

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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