Argentina Lithium & Energy (CVE:LIT) Shares Up 12.5% – Time to Buy?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) was up 12.5% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 115,100 shares traded hands during trading, an increase of 43% from the average daily volume of 80,706 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Price Performance

The stock has a market capitalization of C$12.75 million and a PE ratio of -0.27. The firm’s 50 day simple moving average is C$0.11 and its 200 day simple moving average is C$0.14. The company has a debt-to-equity ratio of 1.09, a current ratio of 30.57 and a quick ratio of 2.02.

About Argentina Lithium & Energy

(Get Free Report)

Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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