Lithium ION Energy Ltd. (CVE:ION – Get Free Report) shares were up 25% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 127,000 shares traded hands during mid-day trading, an increase of 224% from the average daily volume of 39,145 shares. The stock had previously closed at C$0.04.
Lithium ION Energy Price Performance
The stock’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is 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.
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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