Argentina Lithium & Energy (CVE:LIT) Stock Price Down 19.1% – Time to Sell?

Shares of Argentina Lithium & Energy Corp. (CVE:LIT) traded down 19.1% on Monday . The stock traded as low as C$0.19 and last traded at C$0.19. 256,996 shares were traded during mid-day trading, a decline of 14% from the average session volume of 299,037 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Down 7.7%

The stock’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.11. The company has a market capitalization of C$24.76 million, a PE ratio of -2.00 and a beta of 0.06.

Argentina Lithium & Energy Company Profile

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.