Lion One Metals (CVE:LIO) Shares Down 22.1% – Time to Sell?

Shares of Lion One Metals Limited (CVE:LIOGet Free Report) traded down 22.1% on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares traded hands during mid-day trading, an increase of 715% from the average session volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Price Performance

The stock has a market capitalization of C$83.85 million, a price-to-earnings ratio of -2.46 and a beta of 0.43. The company has a debt-to-equity ratio of 23.06, a quick ratio of 11.23 and a current ratio of 4.07. The company has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.31.

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.

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