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

Lion One Metals Limited (CVE:LIOGet Free Report)’s stock price fell 22.1% on Friday . The stock traded as low as C$0.29 and last traded at C$0.30. 3,033,449 shares traded hands during trading, an increase of 715% from the average session volume of 372,031 shares. The stock had previously closed at C$0.39.

Lion One Metals Stock Performance

The firm’s 50 day moving average price is C$0.29 and its 200-day moving average price is C$0.31. The firm has a market cap of C$78.61 million, a price-to-earnings ratio of -2.31 and a beta of 0.43. The company has a debt-to-equity ratio of 23.06, a current ratio of 4.07 and a quick ratio of 11.23.

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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