Lithium ION Energy (CVE:ION) Shares Up 25% – Here’s What Happened

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares were up 25% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 100,250 shares traded hands during mid-day trading, an increase of 155% from the average daily volume of 39,351 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Price Performance

The firm has a market cap of C$3.27 million, a P/E ratio of -1.33 and a beta of 1.45. The stock has a 50 day moving average of C$0.05 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.

Further Reading

Receive News & Ratings for Lithium ION Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithium ION Energy and related companies with MarketBeat.com's FREE daily email newsletter.