Lithium ION Energy (CVE:ION) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.04 and traded as high as C$0.05. Lithium ION Energy shares last traded at C$0.05, with a volume of 3,000 shares changing hands.

Lithium ION Energy Price Performance

The stock’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a market cap of C$2.94 million, a P/E ratio of -1.50 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.

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