Argentina Lithium & Energy (CVE:LIT) Stock Price Down 18.5% – What’s Next?
by Renee Jackson · The Cerbat GemArgentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) was down 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 were traded 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 Performance
The stock has a market cap of C$15.13 million, a price-to-earnings ratio of -1.22 and a beta of 0.33. The firm’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.09.
Argentina Lithium & Energy Company Profile
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.
Further Reading
- Five stocks we like better than Argentina Lithium & Energy
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- MarketBeat Week in Review – 12/8 – 12/12
- What is a Death Cross in Stocks?
- Synopsys Sees Bullish Shift as Ansys Integration Drives Growth
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- The Best Holiday Present You Can Give Yourself? Costco Stock