Lithium ION Energy (CVE:ION) Shares Cross Below 50 Day Moving Average – Should You Sell?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.04 and traded as low as C$0.04. Lithium ION Energy shares last traded at C$0.04, with a volume of 31,000 shares trading hands.

Lithium ION Energy Price Performance

The stock has a market capitalization of C$2.29 million, a PE ratio of -1.17 and a beta of 1.45. The company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

About Lithium ION Energy

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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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