Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) fell 25% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 165,000 shares were traded during trading, an increase of 213% from the average session volume of 52,636 shares. The stock had previously closed at C$0.04.
Lithium ION Energy Price Performance
The company has a market capitalization of C$2.29 million, a P/E ratio of -1.17 and a beta of 1.45. The company’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05.
About Lithium ION Energy
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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