Lithium ION Energy Ltd. (CVE:ION – Get Free Report)’s stock price rose 22.2% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,475,783 shares changed hands during mid-day trading, an increase of 1,924% from the average daily volume of 72,930 shares. The stock had previously closed at C$0.05.
Lithium ION Energy Stock Up 22.2 %
The company’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a market cap of C$3.60 million, a P/E ratio of -1.83 and a beta of 1.45.
About Lithium ION Energy
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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