Lion One Metals (CVE:LIO) Trading 1.4% Higher – Should You Buy?

Lion One Metals Limited (CVE:LIO)’s share price was up 1.4% during mid-day trading on Tuesday . The company traded as high as C$0.37 and last traded at C$0.36. Approximately 929,822 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 1,018,641 shares. The stock had previously closed at C$0.36.

Wall Street Analysts Forecast Growth

Separately, Atrium Research raised Lion One Metals to a “strong-buy” rating in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Lion One Metals presently has an average rating of “Strong Buy”.

Lion One Metals Stock Up 1.4%

The firm has a market cap of C$145.03 million, a P/E ratio of -36.00 and a beta of 0.82. The company has a quick ratio of 11.23, a current ratio of 4.51 and a debt-to-equity ratio of 23.85. The firm has a fifty day moving average of C$0.29 and a 200-day moving average of C$0.28.

About Lion One Metals

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.