Argentina Lithium & Energy (CVE:LIT) Shares Up 31.3% – Still a Buy?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) traded up 31.3% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 398,500 shares were traded during trading, an increase of 337% from the average session volume of 91,106 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Price Performance

The business’s fifty day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.14. The company has a market cap of C$12.08 million and a PE ratio of -0.24.

Argentina Lithium & Energy Company Profile

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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