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

Shares of Lion One Metals Limited (CVE:LIOGet Free Report) traded down 1.6% on Friday . The company traded as low as C$0.31 and last traded at C$0.31. 484,500 shares were traded during 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 firm has a 50 day moving average of C$0.28 and a 200-day moving average of C$0.32. The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23. The stock has a market capitalization of C$81.23 million, a P/E ratio of -2.38 and a beta of 0.43.

About Lion One Metals

(Get Free Report)

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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