Lithium ION Energy (CVE:ION) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.04 and traded as high as C$0.05. Lithium ION Energy shares last traded at C$0.05, with a volume of 44,000 shares changing hands.

Lithium ION Energy Stock Up 12.5 %

The company has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The stock has a market capitalization of C$2.94 million, a price-to-earnings ratio of -1.50 and a beta of 1.45.

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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