Argentina Lithium & Energy (CVE:LIT) Trading Down 12.8% – Here’s What Happened

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) dropped 12.8% during trading on Monday . The company traded as low as C$0.20 and last traded at C$0.21. Approximately 180,036 shares traded hands during trading, a decline of 38% from the average daily volume of 292,623 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Performance

The stock has a market capitalization of C$28.20 million, a PE ratio of -2.28 and a beta of 0.06. The stock’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.11.

Argentina Lithium & Energy Company Profile

(Get Free Report)

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. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.

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