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Lion One Metals (CVE:LIO) Shares Down 25.6% - Time to Sell?

Lion One Metals logo with Basic Materials background
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Key Points

  • Shares plunged intraday, falling about 25.6% to C$0.16 (as low as C$0.14) on heavy trading of 1.8 million shares—roughly 145% above average volume.
  • The company has a market cap of C$54.39M and a low reported PE of 4.50, but the stock is trading below its 50‑day (C$0.26) and 200‑day (C$0.28) moving averages and shows a high debt‑to‑equity ratio of 18.36.
  • Lion One Metals is a Canada‑based explorer focused on the 100%‑owned Tuvatu Gold project in Fiji, covering about 13,613 hectares.
  • MarketBeat previews the top five stocks to own by June 1st.

Lion One Metals Limited (CVE:LIO - Get Free Report)'s share price fell 25.6% during mid-day trading on Friday . The company traded as low as C$0.14 and last traded at C$0.16. 1,799,287 shares traded hands during mid-day trading, an increase of 145% from the average session volume of 734,745 shares. The stock had previously closed at C$0.22.

Lion One Metals Stock Down 37.2%

The company has a market cap of C$54.39 million, a PE ratio of 4.50 and a beta of 0.92. The stock's 50 day moving average price is C$0.26 and its 200-day moving average price is C$0.28. The company has a debt-to-equity ratio of 18.36, a quick ratio of 11.23 and a current ratio of 1.15.

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. Lion One Metals Limited is headquartered in North Vancouver, Canada.

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