Argentina Lithium & Energy (CVE:LIT) Trading 25% Higher – Should You Buy?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) was up 25% during trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 181,000 shares were traded during mid-day trading, an increase of 116% from the average daily volume of 83,799 shares. The stock had previously closed at C$0.08.

Argentina Lithium & Energy Trading Up 31.3 %

The stock’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.14. The company has a market capitalization of C$12.08 million and a price-to-earnings ratio of -0.24.

About Argentina Lithium & Energy

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp.

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