Lithium ION Energy (CVE:ION) Trading 25% Higher – Still a Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares shot up 25% during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 127,000 shares traded hands during trading, an increase of 224% from the average session volume of 39,145 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Stock Up 25.0 %

The firm has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05. The firm has a market cap of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45.

Lithium ION Energy Company Profile

(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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