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Lion One Metals (CVE:LIO) Trading Up 9.5% - Here's Why

Lion One Metals logo with Basic Materials background

Lion One Metals Limited (CVE:LIO - Get Free Report) shares rose 9.5% on Tuesday . The company traded as high as C$0.35 and last traded at C$0.35. Approximately 1,030,635 shares changed hands during mid-day trading, an increase of 121% from the average daily volume of 465,503 shares. The stock had previously closed at C$0.32.

Lion One Metals Price Performance

The stock's 50 day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.30. The firm has a market cap of C$83.78 million, a P/E ratio of -2.95 and a beta of 0.43. The company has a debt-to-equity ratio of 23.85, a current ratio of 4.51 and a quick ratio of 11.23.

About Lion One Metals

(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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