Lion One Metals (CVE:LIO) Sets New 12-Month Low – Here’s Why

Lion One Metals Limited (CVE:LIO)’s share price reached a new 52-week low on Monday . The stock traded as low as C$0.24 and last traded at C$0.25, with a volume of 220263 shares trading hands. The stock had previously closed at C$0.26.

Lion One Metals Price Performance

The firm has a market cap of C$65.51 million, a price-to-earnings ratio of -1.92 and a beta of 0.43. The company has a current ratio of 4.07, a quick ratio of 11.23 and a debt-to-equity ratio of 23.06. The stock’s fifty day moving average price is C$0.30 and its 200-day moving average price is C$0.35.

Lion One Metals (CVE:LIO) last issued its quarterly earnings data on Tuesday, October 1st. The company reported C($0.05) earnings per share for the quarter. Lion One Metals had a negative return on equity of 16.07% and a negative net margin of 185.32%. The business had revenue of C$9.36 million during the quarter. As a group, equities research analysts forecast that Lion One Metals Limited will post 0.0199784 earnings per share for the current fiscal year.

Lion One Metals Company Profile

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.