Shares of Lion One Metals Limited (CVE:LIO – Get Free Report) fell 22.1% during trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares were traded during mid-day trading, an increase of 715% from the average session volume of 372,031 shares. The stock had previously closed at C$0.39.
Lion One Metals Price Performance
The company’s fifty day moving average is C$0.29 and its two-hundred day moving average is C$0.31. The company has a debt-to-equity ratio of 23.06, a quick ratio of 11.23 and a current ratio of 4.07. The firm has a market cap of C$83.85 million, a price-to-earnings ratio of -2.46 and a beta of 0.43.
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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