Lithium ION Energy (CVE:ION) Trading 25% Higher – Still a Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) was up 25% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 127,000 shares changed hands during mid-day trading, an increase of 224% from the average daily volume of 39,145 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Trading Up 25.0 %

The stock has a market capitalization of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45. The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05.

Lithium ION Energy Company Profile

(Get Free Report)

Lithium ION Energy Ltd. engages in the acquisition and exploration of mineral properties in Asia. It primarily explores for lithium deposits. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 63,000 hectares located in Mongolia. The company was formerly known as Ion Energy Ltd.

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