Lion One Metals (CVE:LIO) Stock Price Down 0.8% - Should You Sell?

Key Points

• Lion One Metals Limited's stock price declined by 0.8% to C$0.26, with trading volume increasing by 170% compared to the average daily volume.
• The company's market capitalization stands at C$92.16 million, and it has a high debt-to-equity ratio of 23.85.
• Lion One focuses on the acquisition, exploration, and evaluation of mineral resources in Fiji, primarily through its Tuvatu Gold project.

Lion One Metals Limited (CVE:LIO - ) was down 0.8% on Thursday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 1,666,262 shares changed hands during trading, an increase of 170% from the average daily volume of 617,806 shares. The stock had previously closed at C$0.26.

Lion One Metals Trading Down 0.8%

The firm has a fifty day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.29. The company has a debt-to-equity ratio of 23.85, a current ratio of 4.51 and a quick ratio of 11.23. The firm has a market capitalization of C$92.16 million, a P/E ratio of -3.69 and a beta of 0.25.

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.

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