Argentina Lithium & Energy (CVE:LIT) Trading 3.8% Higher – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares traded up 3.8% during mid-day trading on Monday . The company traded as high as C$0.14 and last traded at C$0.14. 46,925 shares changed hands during trading, a decline of 27% from the average session volume of 64,422 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Stock Performance

The stock has a market cap of C$17.44 million and a PE ratio of -0.37. The firm’s 50-day moving average is C$0.15 and its 200 day moving average is C$0.16. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 30.57.

About Argentina Lithium & Energy

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

Further Reading

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