Lion One Metals (CVE:LIO) Trading Up 8.3% – Still a Buy?

Lion One Metals Limited (CVE:LIOGet Free Report) was up 8.3% during mid-day trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 1,329,357 shares were traded during mid-day trading, an increase of 64% from the average daily volume of 812,362 shares. The stock had previously closed at C$0.12.

Lion One Metals Trading Up 16.7%

The firm’s 50-day moving average is C$0.19 and its 200-day moving average is C$0.26. The company has a current ratio of 1.01, a quick ratio of 11.23 and a debt-to-equity ratio of 17.69. The firm has a market cap of C$56.40 million, a price-to-earnings ratio of 4.67 and a beta of 0.21.

About Lion One Metals

(Get Free Report)

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji. Lion One Metals Limited is headquartered in North Vancouver, Canada.

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