Lion One Metals (CVE:LIO) Trading Down 3.6% – What’s Next?

Lion One Metals Limited (CVE:LIO) shares traded down 3.6% on Monday . The stock traded as low as C$0.26 and last traded at C$0.27. 558,918 shares were traded during trading, a decline of 12% from the average session volume of 633,577 shares. The stock had previously closed at C$0.28.

Analyst Upgrades and Downgrades

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

Lion One Metals Stock Performance

The firm’s 50-day moving average price is C$0.27 and its two-hundred day moving average price is C$0.28. 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 market capitalization of C$106.76 million, a PE ratio of -26.50 and a beta of 0.28.

Lion One Metals Company Profile

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.