Lithium ION Energy (CVE:ION) Shares Up 25% – Should You Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) traded up 25% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 194,000 shares traded hands during mid-day trading, an increase of 392% from the average session volume of 39,438 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Price Performance

The company has a market cap of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45. The company has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05.

About Lithium ION Energy

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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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