Lion One Metals (CVE:LIO) Shares Down 22.1% – What’s Next?

Lion One Metals Limited (CVE:LIOGet Free Report) fell 22.1% during mid-day trading on Thursday . The stock traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares were traded during mid-day trading, an increase of 715% from the average session volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Up 6.7 %

The company has a quick ratio of 11.23, a current ratio of 4.07 and a debt-to-equity ratio of 23.06. The firm’s fifty day simple moving average is C$0.29 and its 200-day simple moving average is C$0.31. The company has a market cap of C$83.85 million, a PE ratio of -2.46 and a beta of 0.43.

Lion One Metals Company Profile

(Get Free Report)

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.

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