Lithium ION Energy Ltd. (CVE:ION – Get Free Report) dropped 25% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 165,000 shares were traded during mid-day trading, an increase of 213% from the average daily volume of 52,636 shares. The stock had previously closed at C$0.04.
Lithium ION Energy Trading Up 16.7 %
The firm has a market cap of C$2.29 million, a price-to-earnings ratio of -1.17 and a beta of 1.45. The stock has a 50-day moving average of C$0.04 and a 200-day moving average of 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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