Lion One Metals (CVE:LIO) Shares Down 22.1% – Here’s What Happened

Lion One Metals Limited (CVE:LIOGet Free Report)’s stock price was down 22.1% during mid-day trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 3,033,449 shares were traded during trading, an increase of 715% from the average daily volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Trading Down 22.1 %

The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23. The stock has a market capitalization of C$78.61 million, a price-to-earnings ratio of -2.31 and a beta of 0.43. The business has a fifty day moving average of C$0.29 and a 200-day moving average of C$0.31.

Lion One Metals Company Profile

(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.

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