Lithium ION Energy (CVE:ION) Shares Cross Below Fifty Day Moving Average – Here’s Why

Lithium ION Energy Ltd. (CVE:IONGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.05. Lithium ION Energy shares last traded at C$0.06, with a volume of 16,325 shares.

Lithium ION Energy Stock Up 10.0 %

The firm has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.06. The stock has a market capitalization of C$3.60 million, a PE ratio of -1.83 and a beta of 1.45.

About Lithium ION Energy

(Get Free Report)

Lithium ION Energy Ltd. explores for and develops lithium deposits in Asia. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 81,758 hectares located in Mongolia. The company also holds interest in the Urgakh Naran lithium brine project that covers an area of approximately 29,770 hectares located in Dornogovi Province, Mongolia.

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