Argentina Lithium & Energy (CVE:LIT) Trading Down 18.5% – Should You Sell?

by · The Cerbat Gem

Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) fell 18.5% during trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 749,280 shares changed hands during mid-day trading, an increase of 789% from the average session volume of 84,321 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Stock Down 18.5%

The firm has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.09. The stock has a market capitalization 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.

Further Reading