Argentina Lithium & Energy (CVE:LIT) Trading Down 14.9% – Time to Sell?

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) fell 14.9% on Monday . The company traded as low as C$0.20 and last traded at C$0.20. 232,786 shares changed hands during trading, a decline of 22% from the average session volume of 297,019 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Price Performance

The company’s 50-day moving average price is C$0.13 and its two-hundred day moving average price is C$0.11. The company has a market capitalization of C$26.83 million, a P/E ratio of -2.17 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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