Lithium ION Energy (CVE:ION) Stock Price Up 25% – Time to Buy?

Lithium ION Energy Ltd. (CVE:IONGet Free Report)’s share price was up 25% during mid-day trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 127,000 shares traded hands during mid-day trading, an increase of 224% from the average daily volume of 39,145 shares. The stock had previously closed at C$0.04.

Lithium ION Energy Price Performance

The company has a market cap of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45. The stock’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05.

About Lithium ION Energy

(Get Free Report)

Lithium ION Energy Ltd. engages in the acquisition and exploration of mineral properties in Asia. It primarily explores for lithium deposits. Its flagship property is the Baavhai-Uul lithium brine project that covers an area approximately 63,000 hectares located in Mongolia. The company was formerly known as Ion Energy Ltd.

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