Argentina Lithium & Energy (CVE:LIT) Trading Down 17% – Should You Sell?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s stock price traded down 17% on Tuesday . The company traded as low as C$0.19 and last traded at C$0.20. 264,381 shares were traded during trading, a decline of 12% from the average session volume of 299,652 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Price Performance

The firm’s 50 day moving average price is C$0.14 and its 200-day moving average price is C$0.11. The stock has a market cap of C$26.83 million, a P/E ratio of -2.17 and a beta of 0.06.

Argentina Lithium & Energy Company Profile

(Get Free Report)

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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