Argentina Lithium & Energy (CVE:LIT) Shares Down 18.5% – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares traded down 18.5% on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. 749,280 shares changed hands during mid-day trading, an increase of 788% from the average session 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 market capitalization of C$15.13 million, a price-to-earnings ratio of -1.22 and a beta of 0.33. The stock’s fifty day moving average price is C$0.12 and its two-hundred day moving average price is C$0.09.

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.

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