Lithium ION Energy (CVE:ION) Trading Down 11.1%

Lithium ION Energy Ltd. (CVE:IONGet Free Report) was down 11.1% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 141,507 shares were traded during mid-day trading, an increase of 290% from the average daily volume of 36,308 shares. The stock had previously closed at C$0.05.

Lithium ION Energy Price Performance

The stock has a market capitalization of C$2.94 million, a P/E ratio of -1.13 and a beta of 1.39. The company has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.08.

About Lithium ION Energy

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Lithium ION Energy Ltd. explores for and develops lithium deposits in Asia. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 81,758 hectares located in Mongolia. The company also holds interest in the Urgakh Naran lithium brine project that covers an area of approximately 29,770 hectares located in Dornogovi Province, Mongolia.

Further Reading

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