Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report)’s stock price dropped 12.8% on Monday . The company traded as low as C$0.20 and last traded at C$0.21. Approximately 152,536 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 289,832 shares. The stock had previously closed at C$0.24.
Argentina Lithium & Energy Stock Down 7.7%
The company has a market capitalization of C$24.76 million, a price-to-earnings ratio of -2.00 and a beta of 0.06. The business’s 50-day moving average is C$0.14 and its 200-day moving average is C$0.11.
About Argentina Lithium & Energy
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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