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Lion One Metals (CVE:LIO) Stock Price Down 21.6% - Here's What Happened

Lion One Metals logo with Basic Materials background

Key Points

  • Lion One Metals stock price experienced a significant decline of 21.6%, dropping to C$0.29 during trading on Wednesday.
  • Approximately 3.2 million shares changed hands, marking an increase of 724% from the average daily volume of 394,096 shares.
  • The company's principal property is the 100% owned Tuvatu Gold project, located in Fiji and covering an area of approximately 13,613 hectares.
  • Five stocks to consider instead of Lion One Metals.

Lion One Metals Limited (CVE:LIO - Get Free Report)'s stock price fell 21.6% during trading on Wednesday . The stock traded as low as C$0.29 and last traded at C$0.29. 3,249,083 shares were traded during trading, an increase of 724% from the average session volume of 394,096 shares. The stock had previously closed at C$0.37.

Lion One Metals Trading Down 1.0%

The firm has a market capitalization of C$87.84 million, a PE 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 has a fifty day moving average of C$0.28 and a 200 day moving average of C$0.29.

About Lion One Metals

(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.

Further Reading

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