Lithium ION Energy (CVE:ION) Stock Price Up 27.3% – Time to Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) was up 27.3% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 127,052 shares changed hands during trading, an increase of 229% from the average daily volume of 38,619 shares. The stock had previously closed at C$0.06.

Lithium ION Energy Trading Up 27.3 %

The company has a market capitalization of C$4.58 million, a price-to-earnings ratio of -1.83 and a beta of 1.45. The firm has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06.

About Lithium ION Energy

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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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