Argentina Lithium & Energy (CVE:LIT) Trading Up 20% – Still a Buy?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s stock price was up 20% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 207,412 shares were traded during trading, a decline of 27% from the average daily volume of 282,489 shares. The stock had previously closed at C$0.13.

Argentina Lithium & Energy Stock Performance

The stock has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.12. The firm has a market cap of C$20.63 million, a PE ratio of -1.67 and a beta of -0.71.

Argentina Lithium & Energy Company Profile

(Get Free Report)

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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