Lithium ION Energy (CVE:ION) Shares Up 25% – Time to Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shot up 25% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 194,000 shares changed hands during trading, an increase of 392% from the average session volume of 39,438 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Trading Up 25.0 %

The stock has a market capitalization of C$3.27 million, a price-to-earnings ratio of -1.67 and a beta of 1.45. The business has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05.

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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