Argentina Lithium & Energy (CVE:LIT) Stock Price Down 18.5% – Time to Sell?
by Jessica Moore · The Cerbat GemArgentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) was down 18.5% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 749,280 shares were traded during mid-day 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 Price Performance
The firm has a market cap of C$15.13 million, a PE ratio of -1.22 and a beta of 0.33. The company has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.09.
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.
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