Argentina Lithium & Energy (CVE:LIT) Trading 31.3% Higher – Time to Buy?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) rose 31.3% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 398,500 shares changed hands during trading, an increase of 337% from the average daily volume of 91,106 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Stock Up 31.3 %

The firm has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.14. The company has a market capitalization of C$12.08 million and a P/E ratio of -0.24.

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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