Lion One Metals (CVE:LIO) Stock Price Down 20% – Should You Sell?

Lion One Metals Limited (CVE:LIOGet Free Report) was down 20% on Thursday . The stock traded as low as C$0.29 and last traded at C$0.31. Approximately 2,025,800 shares were traded during trading, an increase of 509% from the average daily volume of 332,679 shares. The stock had previously closed at C$0.39.

Lion One Metals Trading Up 6.7 %

The company has a debt-to-equity ratio of 23.06, a quick ratio of 11.23 and a current ratio of 4.07. The stock has a market capitalization of C$83.85 million, a PE ratio of -2.46 and a beta of 0.43. The business’s 50-day moving average is C$0.29 and its two-hundred day moving average is 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.

Recommended Stories

Receive News & Ratings for Lion One Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lion One Metals and related companies with MarketBeat.com's FREE daily email newsletter.