Argentina Lithium & Energy (CVE:LIT) Stock Price Down 19% – What’s Next?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) were down 19% on Monday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 718,548 shares were traded during mid-day trading, an increase of 143% from the average daily volume of 295,392 shares. The stock had previously closed at C$0.20.

Argentina Lithium & Energy Price Performance

The stock’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.11. The firm has a market cap of C$22.01 million, a PE ratio of -1.78 and a beta of 0.06.

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

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