Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) rose 11.1% on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 659,850 shares changed hands during trading, an increase of 1,100% from the average daily volume of 54,975 shares. The stock had previously closed at C$0.05.
Lithium ION Energy Stock Performance
The firm has a market cap of C$3.27 million, a price-to-earnings ratio of -1.67 and a beta of 1.45. The business has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.
About Lithium ION Energy
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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