Argentina Lithium & Energy (CVE:LIT) Trading 31.3% Higher – Here’s Why

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shot up 31.3% on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 398,500 shares traded hands during mid-day trading, an increase of 337% from the average session volume of 91,106 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Price Performance

The business has a 50 day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.14. The firm has a market cap of C$12.08 million and a PE ratio of -0.24.

Argentina Lithium & Energy Company Profile

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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