Lion One Metals (CVE:LIO) Trading Down 20% – What’s Next?

Lion One Metals Limited (CVE:LIOGet Free Report) was down 20% during mid-day trading on Thursday . The stock traded as low as C$0.29 and last traded at C$0.31. Approximately 2,821,774 shares changed hands during mid-day trading, an increase of 679% from the average daily volume of 362,313 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Down 22.1 %

The firm has a market cap of C$78.61 million, a P/E ratio of -2.31 and a beta of 0.43. The stock’s 50 day simple moving average is C$0.29 and its 200 day simple moving average is C$0.31. The company has a debt-to-equity ratio of 23.06, a quick ratio of 11.23 and a current ratio of 4.07.

Lion One Metals Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Lion One Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lion One Metals and related companies with MarketBeat.com's FREE daily email newsletter.