Argentina Lithium & Energy (CVE:LIT) Trading 31.3% Higher – What’s Next?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) were up 31.3% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 368,500 shares were traded during mid-day trading, an increase of 309% from the average daily volume of 90,138 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Stock Performance

The stock has a market cap of C$12.08 million and a P/E ratio of -0.24. The company’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.14.

About Argentina Lithium & Energy

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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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