Lion One Metals (CVE:LIO) Stock Price Down 15.6% – Here’s What Happened

Lion One Metals Limited (CVE:LIO – Get Free Report) shares were down 15.6% during trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 821,045 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 834,358 shares. The stock had previously closed at C$0.16.

Lion One Metals Stock Performance

The firm has a market capitalization of C$52.37 million, a PE ratio of 4.33 and a beta of 0.21. The company has a debt-to-equity ratio of 17.69, a current ratio of 1.01 and a quick ratio of 11.23. The firm has a fifty day moving average price of C$0.19 and a 200 day moving average price of C$0.26.

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. Lion One Metals Limited is headquartered in North Vancouver, Canada.

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