Lion One Metals (CVE:LIO) Shares Down 7.9% – Here’s Why
by Tristan Rich · The Markets DailyLion One Metals Limited (CVE:LIO – Get Free Report) traded down 7.9% during mid-day trading on Monday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 141,023 shares changed hands during trading, a decline of 80% from the average session volume of 696,759 shares. The stock had previously closed at C$0.19.
Lion One Metals Price Performance
The company has a debt-to-equity ratio of 17.69, a quick ratio of 11.23 and a current ratio of 1.01. The company’s 50 day moving average price is C$0.15 and its 200 day moving average price is C$0.20. The company has a market cap of C$68.49 million, a price-to-earnings ratio of 5.67 and a beta of 0.11.
Lion One Metals Company Profile
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. Lion One Metals Limited is headquartered in North Vancouver, Canada.