Lion One Metals (CVE:LIO) Trading 1.4% Higher – Should You Buy?

Lion One Metals Limited (CVE:LIO) shares shot up 1.4% on Tuesday . The company traded as high as C$0.37 and last traded at C$0.36. 929,822 shares were traded during trading, a decline of 9% from the average session volume of 1,018,641 shares. The stock had previously closed at C$0.36.

Analyst Ratings Changes

Separately, Atrium Research raised shares of Lion One Metals to a “strong-buy” rating in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Lion One Metals Price Performance

The business has a fifty day moving average of C$0.29 and a two-hundred day moving average of C$0.28. The company has a debt-to-equity ratio of 23.85, a quick ratio of 11.23 and a current ratio of 4.51. The firm has a market capitalization of C$145.03 million, a price-to-earnings ratio of -36.00 and a beta of 0.82.

Lion One Metals Company Profile

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji. Lion One Metals Limited is headquartered in North Vancouver, Canada.