Lion One Metals (CVE:LIO) Stock Price Down 1.9% - Here's What Happened

Key Points

• Lion One Metals Limited shares decreased by 1.9%, ending the day at C$0.26 after trading as low as C$0.26 and previously closing at C$0.27.
• The company has a market cap of C$69.15 million, with key financial metrics including a quick ratio of 11.23 and a debt-to-equity ratio of 23.85.
• Lion One Metals focuses on the acquisition and exploration of mineral resources, primarily through its 100% owned Tuvatu Gold project in Fiji.

Lion One Metals Limited (CVE:LIO - Get Free Report) shares were down 1.9% during mid-day trading on Monday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 365,422 shares changed hands during trading, an increase of 1% from the average daily volume of 361,907 shares. The stock had previously closed at C$0.27.

Lion One Metals Stock Performance

The stock has a market cap of C$80.39 million, a price-to-earnings ratio of -3.86 and a beta of 0.58. The firm's 50-day moving average is C$0.28 and its two-hundred day moving average is C$0.29. The company has a current ratio of 4.51, a quick ratio of 11.23 and a debt-to-equity ratio of 23.85.

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.