Lion One Metals Limited (CVE:LIO – Get Free Report) shares dropped 22.1% on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 3,033,449 shares changed hands during trading, an increase of 715% from the average daily volume of 372,031 shares. The stock had previously closed at C$0.39.
Lion One Metals Trading Down 22.1 %
The firm has a market capitalization of C$78.61 million, a price-to-earnings ratio of -2.31 and a beta of 0.43. The company has a fifty day moving average price of C$0.29 and a 200-day moving average price of C$0.31. The company has a current ratio of 4.07, a quick ratio of 11.23 and a debt-to-equity ratio of 23.06.
About Lion One Metals
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.
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