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

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shot up 25% during mid-day trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 194,000 shares were traded 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 Price Performance

The stock’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05. The stock has a market capitalization of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45.

About Lithium ION Energy

(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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