Lithium ION Energy (CVE:ION) Trading Up 25% – Here’s Why

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price shot up 25% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 194,000 shares changed hands during trading, an increase of 392% from the average session volume of 39,438 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Price Performance

The stock has a market cap of C$3.27 million, a PE ratio of -1.67 and a beta of 1.45. The business has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05.

Lithium ION Energy Company Profile

(Get Free Report)

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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