Lithium ION Energy (CVE:ION) Trading 25% Higher – Here’s What Happened

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price traded up 25% during trading 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 Trading Up 25.0 %

The stock has a market cap of C$3.27 million, a price-to-earnings ratio of -1.67 and a beta of 1.45. The firm’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.05.

About Lithium ION Energy

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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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