Shares of Lion One Metals Limited (CVE:LIO – Get Free Report) were down 18.2% on Thursday . The company traded as low as C$0.29 and last traded at C$0.32. Approximately 1,427,975 shares were traded during mid-day trading, an increase of 423% from the average daily volume of 272,783 shares. The stock had previously closed at C$0.39.
Lion One Metals Stock Down 20.8 %
The business has a fifty day moving average price of C$0.29 and a two-hundred day moving average price of C$0.31. 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 firm has a market capitalization of C$79.92 million, a price-to-earnings ratio of -2.35 and a beta of 0.43.
About Lion One Metals
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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