Argentina Lithium & Energy (CVE:LIT) Shares Down 12.8% – Should You Sell?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) dropped 12.8% during mid-day trading on Monday . The company traded as low as C$0.20 and last traded at C$0.21. Approximately 180,036 shares were traded during trading, a decline of 38% from the average daily volume of 292,623 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Down 12.8%

The firm has a market capitalization of C$28.20 million, a PE ratio of -2.28 and a beta of 0.06. The stock has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.11.

Argentina Lithium & Energy Company Profile

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Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.

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