Lion One Metals (CVE:LIO) Shares Down 2.1% – Here’s Why

Lion One Metals Limited (CVE:LIO)’s stock price traded down 2.1% on Monday . The company traded as low as C$0.24 and last traded at C$0.24. 1,089,300 shares traded hands during mid-day trading, an increase of 34% from the average session volume of 813,642 shares. The stock had previously closed at C$0.24.

Lion One Metals Trading Down 2.1%

The business’s 50-day moving average is C$0.29 and its two-hundred day moving average is C$0.29. The company has a debt-to-equity ratio of 18.36, a quick ratio of 11.23 and a current ratio of 1.15. The stock has a market capitalization of C$94.67 million, a PE ratio of 7.83 and a beta of 0.92.

Lion One Metals Company Profile

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.