Lithium ION Energy (CVE:ION) Trading 25% Higher – Time to Buy?

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) were up 25% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 184,000 shares changed hands during mid-day trading, an increase of 367% from the average daily volume of 39,394 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Price Performance

The business’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The firm has a market cap of C$3.27 million, a P/E ratio of -1.67 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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