Lithium ION Energy (CVE:ION) Stock Price Down 25% – Time to Sell?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) dropped 25% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 165,000 shares changed hands during trading, an increase of 213% from the average daily volume of 52,636 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Stock Performance

The stock has a market capitalization of C$2.29 million, a PE ratio of -1.17 and a beta of 1.45. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.05.

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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