Lithium ION Energy (CVE:ION) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Lithium ION Energy Ltd. (CVE:IONGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.04 and traded as low as C$0.04. Lithium ION Energy shares last traded at C$0.04, with a volume of 31,000 shares trading hands.

Lithium ION Energy Stock Performance

The company has a market cap of C$1.96 million, a price-to-earnings ratio of -1.00 and a beta of 1.45. The stock’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

About Lithium ION Energy

(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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