Lithium ION Energy (CVE:ION) Shares Pass Below 50 Day Moving Average – What’s Next?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.04 and traded as low as C$0.04. Lithium ION Energy shares last traded at C$0.04, with a volume of 3,176 shares traded.

Lithium ION Energy Stock Performance

The business’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a market capitalization of C$2.29 million, a PE ratio of -1.17 and a beta of 1.45.

Lithium ION Energy Company Profile

(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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