Argentina Lithium & Energy (CVE:LIT) Trading Down 20.5% – Here’s What Happened

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) was down 20.5% during trading on Monday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 784,548 shares changed hands during mid-day trading, an increase of 166% from the average daily volume of 295,459 shares. The stock had previously closed at C$0.20.

Argentina Lithium & Energy Stock Down 17.9%

The business’s 50-day moving average price is C$0.14 and its 200 day moving average price is C$0.11. The company has a market capitalization of C$22.01 million, a P/E ratio of -1.78 and a beta of 0.06.

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. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.

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