Argentina Lithium & Energy (CVE:LIT) Stock Price Down 18.5% – What’s Next?

by · The Markets Daily

Shares of Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) dropped 18.5% during mid-day trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 749,280 shares traded hands during trading, an increase of 788% from the average daily volume of 84,404 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Stock Down 18.5%

The business’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.09. The company has a market cap of C$15.13 million, a P/E ratio of -1.22 and a beta of 0.33.

Argentina Lithium & Energy Company Profile

(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.

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