Argentina Lithium & Energy (CVE:LIT) Stock Price Down 17% – Should You Sell?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s stock price dropped 17% on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 253,986 shares changed hands during trading, a decline of 15% from the average daily volume of 298,786 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Down 7.7%

The business has a 50-day simple moving average of C$0.14 and a 200-day simple moving average of C$0.11. The company has a market cap of C$24.76 million, a PE ratio of -2.00 and a beta of 0.06.

Argentina Lithium & Energy Company Profile

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

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