Argentina Lithium & Energy (CVE:LIT) Stock Price Down 18.5% – What’s Next?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares were down 18.5% on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 749,280 shares changed hands during mid-day trading, an increase of 788% from the average daily volume of 84,404 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Trading Down 18.5%

The firm has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.09. The stock has a market capitalization of C$15.13 million, a PE ratio of -1.22 and a beta of 0.33.

About Argentina Lithium & Energy

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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.

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