Lithium ION Energy (CVE:ION) Shares Down 25% – What’s Next?
by Doug Wharley · The Cerbat GemLithium ION Energy Ltd. (CVE:ION – Get Free Report)’s share price fell 25% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 255,250 shares traded hands during trading, an increase of 343% from the average session volume of 57,633 shares. The stock had previously closed at C$0.04.
Lithium ION Energy Trading Up 33.3%
The company has a market cap of C$2.75 million, a PE ratio of -2.00 and a beta of -0.28. The stock has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.04.
About Lithium ION Energy
Lithium ION Energy Ltd. engages in the acquisition and exploration of mineral properties in Asia. It primarily explores for lithium deposits. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 63,000 hectares located in Mongolia. The company was formerly known as Ion Energy Ltd. and changed its name to Lithium ION Energy Ltd. in August 2023. Lithium ION Energy Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada.