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Lion One Metals (CVE:LIO) Shares Down 20.8% - What's Next?

Lion One Metals logo with Basic Materials background

Lion One Metals Limited (CVE:LIO - Get Free Report)'s share price was down 20.8% during mid-day trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.31. Approximately 2,423,481 shares traded hands during mid-day trading, an increase of 608% from the average daily volume of 342,187 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Down 5.3 %

The stock has a 50 day moving average of C$0.29 and a 200-day moving average of C$0.31. The firm has a market capitalization of C$79.40 million, a P/E ratio of -2.33 and a beta of 0.43. The company has a debt-to-equity ratio of 23.06, a quick ratio of 11.23 and a current ratio of 4.07.

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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