Lion One Metals (CVE:LIO) Trading Down 1.6% – Here’s What Happened

Lion One Metals Limited (CVE:LIOGet Free Report)’s share price fell 1.6% during mid-day trading on Friday . The company traded as low as C$0.31 and last traded at C$0.31. 484,500 shares changed hands during mid-day trading, an increase of 127% from the average session volume of 213,748 shares. The stock had previously closed at C$0.32.

Lion One Metals Stock Down 1.6 %

The stock has a market cap of C$81.23 million, a price-to-earnings ratio of -2.38 and a beta of 0.43. The firm’s 50-day moving average is C$0.28 and its 200 day moving average is C$0.31. The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23.

About Lion One Metals

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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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