Lithium ION Energy (CVE:ION) Share Price Passes Below 50 Day Moving Average of $0.05

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.05 and traded as low as C$0.05. Lithium ION Energy shares last traded at C$0.05, with a volume of 69,000 shares.

Lithium ION Energy Stock Up 11.1 %

The business has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07. The stock has a market capitalization of C$3.29 million, a price-to-earnings ratio of -1.67 and a beta of 1.40.

About Lithium ION Energy

(Get Free Report)

Lithium ION Energy Ltd. explores for and develops lithium deposits in Asia. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 81,758 hectares located in Mongolia. The company also holds interest in the Urgakh Naran lithium brine project that covers an area of approximately 29,770 hectares located in Dornogovi Province, Mongolia.

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