Lion One Metals (CVE:LIO) Trading Down 20.8% – Here’s What Happened

Lion One Metals Limited (CVE:LIOGet Free Report) dropped 20.8% during mid-day trading on Thursday . The stock traded as low as C$0.29 and last traded at C$0.31. Approximately 2,423,481 shares were traded during mid-day trading, an increase of 608% from the average daily volume of 342,187 shares. The stock had previously closed at C$0.39.

Lion One Metals Trading Down 20.8 %

The stock has a market cap of C$79.92 million, a PE ratio of -2.35 and a beta of 0.43. The stock’s fifty day moving average price is C$0.29 and its 200 day moving average price is C$0.31. The company has a quick ratio of 11.23, a current ratio of 4.07 and a debt-to-equity ratio of 23.06.

About Lion One Metals

(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.

Further Reading

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