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Lion One Metals (CVE:LIO) Trading Down 22.1% - Here's Why

Lion One Metals logo with Basic Materials background

Shares of Lion One Metals Limited (CVE:LIO - Get Free Report) traded down 22.1% during trading on Friday . The company traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares traded hands during 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 Down 4.7 %

The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23. The company's 50-day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.31. The firm has a market capitalization of C$79.92 million, a P/E ratio of -2.35 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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