Lithium ION Energy (CVE:ION) Trading 25% Higher – Should You Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares traded up 25% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 194,000 shares traded 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 Stock Performance

The company has a market cap of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45. The firm’s 50 day moving average is C$0.05 and its 200-day moving average is 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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