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

by · The Markets Daily

Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report)’s share price dropped 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 changed hands 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 Trading Down 18.5%

The company has a market capitalization of C$15.13 million, a price-to-earnings ratio of -1.22 and a beta of 0.33. The company’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.09.

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.

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