Lithium ION Energy (CVE:ION) Shares Up 11.1% – Still a Buy?

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) were up 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 mid-day 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 Trading Down 9.1 %

The company has a market cap of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45. The company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

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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