Lion One Metals (CVE:LIO) Trading 9.5% Higher – Should You Buy?

Lion One Metals Limited (CVE:LIOGet Free Report) shares shot up 9.5% during trading on Tuesday . The stock traded as high as C$0.35 and last traded at C$0.35. 1,030,635 shares traded hands during trading, an increase of 121% from the average session volume of 465,503 shares. The stock had previously closed at C$0.32.

Lion One Metals Stock Performance

The company has a current ratio of 4.51, a quick ratio of 11.23 and a debt-to-equity ratio of 23.85. The stock has a market cap of C$91.75 million, a price-to-earnings ratio of -3.23 and a beta of 0.43. The stock’s 50 day moving average is C$0.31 and its two-hundred day moving average is C$0.30.

About Lion One Metals

(Get Free Report)

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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