Argentina Lithium & Energy (CVE:LIT) Stock Price Up 31.3% – What’s Next?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares rose 31.3% on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 398,500 shares traded hands during trading, an increase of 337% from the average daily volume of 91,106 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Trading Up 31.3 %

The stock has a market capitalization of C$12.08 million and a price-to-earnings ratio of -0.24. The company’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.14.

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.

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