Lion One Metals (CVE:LIO) Sets New 52-Week Low – Here’s What Happened

Lion One Metals Limited (CVE:LIO) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.27 and last traded at C$0.27, with a volume of 169408 shares traded. The stock had previously closed at C$0.28.

Lion One Metals Price Performance

The firm has a market cap of C$65.51 million, a price-to-earnings ratio of -1.92 and a beta of 0.43. The company has a quick ratio of 11.23, a current ratio of 4.07 and a debt-to-equity ratio of 23.06. The company’s 50-day moving average price is C$0.32 and its 200-day moving average price is C$0.37.

Lion One Metals (CVE:LIO) last issued its earnings results on Tuesday, October 1st. The company reported C($0.05) earnings per share for the quarter. The firm had revenue of C$9.36 million during the quarter. Lion One Metals had a negative net margin of 185.32% and a negative return on equity of 16.07%. On average, equities research analysts forecast that Lion One Metals Limited will post 0.0199784 EPS for the current year.

Lion One Metals Company Profile

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.