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

Lion One Metals logo with Basic Materials background

Lion One Metals Limited (CVE:LIO - Get Free Report) shares traded down 22.1% on Friday . The stock traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares changed hands during mid-day 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 Price Performance

The company's 50-day moving average price is C$0.29 and its two-hundred day moving average price is C$0.31. The company has a market cap of C$79.92 million, a P/E ratio of -2.35 and a beta of 0.43. The company has a current ratio of 4.07, a quick ratio of 11.23 and a debt-to-equity ratio of 23.06.

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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