Argentina Lithium & Energy (CVE:LIT) Stock Price Down 18.5% – Here’s Why

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 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’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.09. The stock has a market cap of C$15.13 million, a P/E ratio of -1.22 and a beta of 0.33.

About Argentina Lithium & Energy

(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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