Lithium ION Energy (CVE:ION) Trading Down 25% – Here’s What Happened

Lithium ION Energy Ltd. (CVE:IONGet Free Report) traded down 25% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 165,000 shares traded hands during mid-day 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 Stock Down 25.0 %

The firm has a market cap of C$1.96 million, a price-to-earnings ratio of -1.00 and a beta of 1.45. The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.05.

About Lithium ION Energy

(Get Free Report)

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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