Lithium ION Energy (CVE:ION) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Lithium ION Energy Ltd. (CVE:IONGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.05 and traded as low as C$0.05. Lithium ION Energy shares last traded at C$0.05, with a volume of 3,823 shares trading hands.

Lithium ION Energy Stock Down 10.0%

The firm has a market capitalization of C$3.10 million, a price-to-earnings ratio of -2.25 and a beta of -0.06. The business has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.04.

Lithium ION Energy Company Profile

(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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