Lion One Metals (CVE:LIO) Shares Down 19.5% – Here’s Why

Lion One Metals Limited (CVE:LIOGet Free Report)’s stock price was down 19.5% on Thursday . The stock traded as low as C$0.29 and last traded at C$0.31. Approximately 2,010,300 shares were traded during trading, an increase of 509% from the average daily volume of 329,987 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Performance

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 company has a market capitalization of C$79.92 million, a P/E ratio of -2.35 and a beta of 0.43. The business has a 50-day moving average of C$0.29 and a 200-day moving average of C$0.31.

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.

Further Reading

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