Lion One Metals (CVE:LIO) Shares Down 25.6% – Time to Sell?

Lion One Metals Limited (CVE:LIO)’s stock price traded down 25.6% during trading on Friday . The company traded as low as C$0.14 and last traded at C$0.16. 1,799,287 shares changed hands during trading, an increase of 145% from the average session volume of 734,745 shares. The stock had previously closed at C$0.22.

Lion One Metals Stock Down 37.2%

The stock’s fifty day moving average is C$0.26 and its 200 day moving average is C$0.28. The company has a current ratio of 1.15, a quick ratio of 11.23 and a debt-to-equity ratio of 18.36. The company has a market capitalization of C$54.39 million, a P/E ratio of 4.50 and a beta of 0.92.

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. Lion One Metals Limited is headquartered in North Vancouver, Canada.