Argentina Lithium & Energy (CVE:LIT) Stock Price Up 3.8% – Still a Buy?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) traded up 3.8% on Monday . The company traded as high as C$0.14 and last traded at C$0.14. 46,925 shares were traded during mid-day trading, a decline of 27% from the average session volume of 64,422 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Price Performance

The company has a quick ratio of 2.02, a current ratio of 30.57 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of C$18.11 million and a price-to-earnings ratio of -0.39. The company has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16.

About Argentina Lithium & Energy

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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