Lithium ION Energy (CVE:ION) Trading Down 25% – Time to Sell?

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

The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.05. The firm has a market capitalization of C$2.29 million, a price-to-earnings ratio of -1.17 and a beta of 1.45.

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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