Lion One Metals (CVE:LIO) Shares Up 10.8% – Should You Buy?

Lion One Metals Limited (CVE:LIO – Get Free Report)’s share price was up 10.8% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.20. 894,784 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 650,891 shares. The stock had previously closed at C$0.18.

Lion One Metals Stock Performance

The company has a current ratio of 1.01, a quick ratio of 11.23 and a debt-to-equity ratio of 17.69. The firm’s fifty day moving average price is C$0.16 and its 200-day moving average price is C$0.18. The firm has a market cap of C$82.59 million, a price-to-earnings ratio of 6.83 and a beta of 0.38.

About Lion One Metals

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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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