Lion One Metals (CVE:LIO) Stock Price Up 2.9%

Shares of Lion One Metals Limited (CVE:LIO) rose 2.9% during trading on Monday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 431,784 shares were traded during trading, an increase of 38% from the average daily volume of 313,077 shares. The stock had previously closed at C$0.34.

Wall Street Analysts Forecast Growth

Separately, Eight Capital reduced their price objective on shares of Lion One Metals from C$3.00 to C$0.75 in a research note on Friday, July 5th.

Lion One Metals Stock Performance

The company has a debt-to-equity ratio of 21.77, a quick ratio of 11.23 and a current ratio of 4.66. The stock’s 50-day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.42. The stock has a market cap of C$91.71 million, a price-to-earnings ratio of -5.00 and a beta of 0.40.

Lion One Metals Company Profile

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji.