Argentina Lithium & Energy (CVE:LIT) Stock Price Down 17% – What’s Next?

Argentina Lithium & Energy Corp. (CVE:LIT)’s stock price dropped 17% on Tuesday . The company traded as low as C$0.19 and last traded at C$0.20. Approximately 264,381 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 299,652 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Down 17.0%

The stock’s fifty day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.11. The firm has a market cap of C$26.83 million, a PE ratio of -2.17 and a beta of 0.06.

About Argentina Lithium & Energy

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. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.