Lion One Metals (CVE:LIO) Stock Price Down 22.1% – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report) shares traded down 22.1% during trading on Friday . The company traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares were traded during trading, an increase of 715% from the average session volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Trading Down 22.1 %

The firm’s fifty day moving average price is C$0.29 and its two-hundred day moving average price is C$0.31. The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23. The stock has a market cap of C$78.61 million, a P/E ratio of -2.31 and a beta of 0.43.

Lion One Metals Company Profile

(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.

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