Lithium ION Energy Ltd. (CVE:ION – Get Free Report) shares dropped 25% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 165,000 shares traded hands 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 Down 25.0 %
The firm has a market cap of C$1.96 million, a P/E ratio of -1.00 and a beta of 1.45. The company’s 50-day moving average is C$0.04 and its two-hundred day moving average is 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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