Argentina Lithium & Energy (CVE:LIT) Trading Down 18.5% – Here’s Why

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) fell 18.5% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. 749,280 shares were traded during trading, an increase of 788% from the average session volume of 84,404 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Stock Down 18.5%

The firm has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.09. The stock has a market cap of C$15.13 million, a PE ratio of -1.22 and a beta of 0.33.

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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