Lithium ION Energy (CVE:ION) Shares Up 22.2% – Still a Buy?

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) were up 22.2% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,390,783 shares changed hands during trading, an increase of 1,857% from the average daily volume of 71,082 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Stock Down 9.1 %

The company has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a market capitalization of C$3.27 million, a price-to-earnings ratio of -1.67 and a beta of 1.45.

Lithium ION Energy Company Profile

(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.

Read More

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.