Lion One Metals Limited (CVE:LIO – Get Free Report)’s stock price dropped 22.1% during mid-day trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 3,033,449 shares changed hands during mid-day trading, an increase of 720% from the average daily volume of 369,845 shares. The stock had previously closed at C$0.39.
Lion One Metals Trading Up 6.7 %
The business has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.31. The company has a current ratio of 4.07, a quick ratio of 11.23 and a debt-to-equity ratio of 23.06. 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.
About Lion One Metals
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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