Lion One Metals (CVE:LIO) Trading Up 34.5% – What’s Next?

Lion One Metals Limited (CVE:LIOGet Free Report) shares rose 34.5% on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. 3,209,524 shares traded hands during mid-day trading, an increase of 385% from the average session volume of 662,072 shares. The stock had previously closed at C$0.14.

Lion One Metals Stock Performance

The company has a market cap of C$82.59 million, a P/E ratio of 6.83 and a beta of 0.11. The company’s fifty day moving average is C$0.14 and its 200 day moving average is C$0.20. The company has a current ratio of 1.01, a quick ratio of 11.23 and a debt-to-equity ratio of 17.69.

Lion One Metals Company Profile

(Get Free Report)

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.

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