Lion One Metals (CVE:LIO) Hits New 52-Week Low at $0.30

Lion One Metals Limited (CVE:LIO)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.30 and last traded at C$0.30, with a volume of 467906 shares trading hands. The stock had previously closed at C$0.31.

Analyst Upgrades and Downgrades

Separately, Eight Capital reduced their price target on shares of Lion One Metals from C$3.00 to C$0.75 in a report on Friday, July 5th.

Lion One Metals Price Performance

The business has a 50-day moving average of C$0.47 and a 200 day moving average of C$0.52. The firm has a market capitalization of C$69.17 million, a P/E ratio of -4.36 and a beta of 0.54. The company has a current ratio of 4.66, a quick ratio of 11.23 and a debt-to-equity ratio of 21.77.

Lion One Metals (CVE:LIO) last issued its earnings results on Tuesday, May 14th. The company reported C($0.03) earnings per share for the quarter. Lion One Metals had a negative return on equity of 9.34% and a negative net margin of 281.43%. The firm had revenue of C$4.09 million for the quarter. On average, sell-side analysts predict that Lion One Metals Limited will post 0.0199784 earnings per share for the current fiscal year.

About Lion One Metals

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.