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Lion One Metals (CVE:LIO) Shares Up 16.7% - Here's Why

Lion One Metals logo with Basic Materials background
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Key Points

  • Shares jumped 16.7% to C$0.14 on Tuesday, with 1,424,650 shares traded — about 73% above the average session volume.
  • The company has a market cap of C$55.59 million, a low P/E of 4.60 and a very strong quick ratio (11.23), yet the stock is trading well below its 50‑day (C$0.26) and 200‑day (C$0.28) moving averages.
  • Lion One owns the 100% Tuvatu Gold project in Fiji, covering roughly 13,613 hectares and serving as the company's principal asset.
  • Five stocks we like better than Lion One Metals.

Shares of Lion One Metals Limited (CVE:LIO - Get Free Report) traded up 16.7% on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.14. 1,424,650 shares were traded during mid-day trading, an increase of 73% from the average session volume of 823,894 shares. The stock had previously closed at C$0.12.

Lion One Metals Stock Performance

The firm has a fifty day moving average of C$0.26 and a 200-day moving average of C$0.28. The firm has a market cap of C$55.59 million, a P/E ratio of 4.60 and a beta of 0.80. The company has a quick ratio of 11.23, a current ratio of 1.15 and a debt-to-equity ratio of 18.36.

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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