Lithium ION Energy (CVE:ION) Trading 22.2% Higher – Should You Buy?

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) traded up 22.2% during trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,340,783 shares changed hands during trading, an increase of 1,816% from the average session volume of 69,995 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Stock Performance

The company has a market cap of C$3.60 million, a PE ratio of -1.83 and a beta of 1.45. The business’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04.

About Lithium ION Energy

(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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