Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) shot up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 194,000 shares changed hands during trading, an increase of 392% from the average session volume of 39,438 shares. The stock had previously closed at C$0.04.
Lithium ION Energy Stock Performance
The business has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The stock has a market capitalization of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45.
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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