Argentina Lithium & Energy (CVE:LIT) Trading 20% Higher – Should You Buy?

Shares of Argentina Lithium & Energy Corp. (CVE:LIT) traded up 20% during trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. 207,412 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 282,489 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Trading Up 14.8%

The stock has a market capitalization of C$21.32 million, a PE ratio of -1.72 and a beta of -0.71. The business’s 50-day moving average is C$0.15 and its two-hundred day moving average is C$0.12.

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.