Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) shot up 25% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 127,000 shares changed hands during trading, an increase of 224% from the average session volume of 39,145 shares. The stock had previously closed at C$0.04.
Lithium ION Energy Stock Up 25.0 %
The firm has a market cap of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45. The business’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05.
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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