Lion One Metals (CVE:LIO) Stock Price Down 3.6% – Here’s What Happened

by · The Markets Daily

Lion One Metals Limited (CVE:LIO – Get Free Report)’s share price dropped 3.6% during mid-day trading on Monday . The company traded as low as C$0.26 and last traded at C$0.27. Approximately 558,918 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 633,577 shares. The stock had previously closed at C$0.28.

Wall Street Analysts Forecast Growth

Separately, Atrium Research upgraded Lion One Metals to a “strong-buy” rating in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Lion One Metals currently has an average rating of “Strong Buy”.

Get Our Latest Stock Analysis on Lion One Metals

Lion One Metals Trading Down 3.6%

The company has a debt-to-equity ratio of 23.85, a current ratio of 4.51 and a quick ratio of 11.23. The business has a fifty day moving average of C$0.27 and a 200-day moving average of C$0.28. The stock has a market capitalization of C$106.76 million, a price-to-earnings ratio of -26.50 and a beta of 0.28.

Lion One Metals Company Profile

(Get Free Report)

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji.

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