Lion One Metals (CVE:LIO) Stock Price Down 7.9% – Should You Sell?

Lion One Metals Limited (CVE:LIOGet Free Report) shares dropped 7.9% during mid-day trading on Monday . The stock traded as low as C$0.17 and last traded at C$0.17. 141,023 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 696,759 shares. The stock had previously closed at C$0.19.

Lion One Metals Trading Down 10.5%

The company has a debt-to-equity ratio of 17.69, a current ratio of 1.01 and a quick ratio of 11.23. The company has a market cap of C$68.49 million, a price-to-earnings ratio of 5.67 and a beta of 0.11. The business has a 50 day simple moving average of C$0.15 and a 200 day simple moving average of C$0.20.

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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