Argentina Lithium & Energy (CVE:LIT) Shares Down 4% – Should You Sell?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) traded down 4% during mid-day trading on Monday . The stock traded as low as C$0.12 and last traded at C$0.12. 208,739 shares were traded during trading, an increase of 356% from the average session volume of 45,737 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Stock Performance

The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 30.57. The stock has a market capitalization of C$15.43 million and a P/E ratio of -0.33. The business has a 50-day moving average price of C$0.14 and a 200 day moving average price of C$0.15.

Argentina Lithium & Energy Company Profile

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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