Lion One Metals (CVE:LIO) Stock Price Up 12.5% – Should You Buy?

Lion One Metals Limited (CVE:LIOGet Free Report)’s share price rose 12.5% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. 524,914 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 747,321 shares. The stock had previously closed at C$0.12.

Lion One Metals Stock Performance

The firm has a market capitalization of C$54.39 million, a P/E ratio of 4.50 and a beta of 0.15. The company has a current ratio of 1.01, a quick ratio of 11.23 and a debt-to-equity ratio of 17.69. The company has a 50-day moving average of C$0.14 and a 200-day moving average of C$0.24.

About Lion One Metals

(Get Free Report)

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji. Lion One Metals Limited is headquartered in North Vancouver, Canada.

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