Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) shot up 22.2% during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,475,783 shares changed hands during trading, an increase of 1,924% from the average session volume of 72,930 shares. The stock had previously closed at C$0.05.
Lithium ION Energy Price Performance
The company has a market cap of C$3.60 million, a price-to-earnings ratio of -1.83 and a beta of 1.45. The business’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04.
Lithium ION Energy Company Profile
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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