Lithium ION Energy (CVE:ION) Shares Up 22.2% – Here’s What Happened

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) shot up 22.2% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 1,475,783 shares were traded during mid-day trading, an increase of 1,924% from the average session volume of 72,930 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Price Performance

The stock has a market capitalization of C$3.60 million, a PE ratio of -1.83 and a beta of 1.45. The company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

Lithium ION Energy Company Profile

(Get Free Report)

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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