Shares of Lithium ION Energy Ltd. (CVE:ION – Get Free Report) were up 22.2% during trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,475,783 shares were traded during mid-day trading, an increase of 1,924% from the average daily volume of 72,930 shares. The stock had previously closed at C$0.05.
Lithium ION Energy Price Performance
The company has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04. The company has a market capitalization of C$3.27 million, a P/E ratio of -1.67 and a beta of 1.45.
About Lithium ION Energy
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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