Lion One Metals (CVE:LIO) Trading Down 19.5% – Should You Sell?

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

Lion One Metals Price Performance

The company has a quick ratio of 11.23, a current ratio of 4.07 and a debt-to-equity ratio of 23.06. The stock has a 50-day moving average price of C$0.29 and a 200 day moving average price of C$0.31. The firm has a market capitalization of C$79.92 million, a PE ratio of -2.35 and a beta of 0.43.

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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