Lion One Metals (CVE:LIO) Hits New 12-Month High - Still a Buy?

Key Points

• Lion One Metals Limited's stock reached a new 52-week high, trading at C$0.44 before settling at C$0.38 with a volume of over 528,000 shares.
• The company, with a market capitalization of C$107.19 million, focuses on the acquisition and exploration of mineral resources in Fiji, primarily through its Tuvatu Gold project.
• Financial metrics include a quick ratio of 11.23 and a debt-to-equity ratio of 23.85, reflecting a strong liquidity position despite a negative price-to-earnings ratio of -5.14.

Shares of Lion One Metals Limited (CVE:LIO - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.38, with a volume of 528616 shares changing hands. The stock had previously closed at C$0.41.

Lion One Metals Trading Down 1.0%

The stock has a market cap of C$87.84 million, a P/E ratio of -4.21 and a beta of 0.53. The company has a debt-to-equity ratio of 23.85, a quick ratio of 11.23 and a current ratio of 4.51. The firm's fifty day simple moving average is C$0.29 and its 200-day simple moving average is C$0.29.

Lion One Metals Company Profile

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.