Argentina Lithium & Energy (CVE:LIT) Trading Down 17% – Here’s What Happened

by · The Cerbat Gem

Shares of Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) traded down 17% during trading on Monday . The stock traded as low as C$0.19 and last traded at C$0.20. 264,381 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 299,652 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Price Performance

The company has a fifty day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.11. The company has a market capitalization of C$26.83 million, a P/E ratio of -2.17 and a beta of 0.06.

About Argentina Lithium & Energy

(Get Free Report)

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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