Argentina Lithium & Energy (CVE:LIT) Stock Price Up 20% – Time to Buy?
by Amy Steele · The Cerbat GemShares of Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) rose 20% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 207,412 shares changed hands during trading, a decline of 27% from the average daily volume of 282,489 shares. The stock had previously closed at C$0.13.
Argentina Lithium & Energy Stock Up 20.0%
The company has a market capitalization of C$20.63 million, a PE ratio of -1.67 and a beta of -0.71. The stock’s fifty day moving average price is C$0.15 and its two-hundred day moving average price is C$0.12.
About Argentina Lithium & Energy
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.