Lithium ION Energy (CVE:ION) Trading Down 20% – Should You Sell?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s stock price dropped 20% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 123,000 shares were traded during trading, an increase of 210% from the average daily volume of 39,731 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Stock Performance

The company has a market cap of C$2.62 million, a PE ratio of -1.50 and a beta of 1.45. The stock has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.05.

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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