Argentina Lithium & Energy (CVE:LIT) Stock Price Down 17% – Here’s Why

by · The Markets Daily

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

Argentina Lithium & Energy Stock Performance

The business’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.11. The firm has a market capitalization of C$26.83 million, a PE ratio of -2.17 and a beta of 0.06.

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. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.

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