Lion One Metals (CVE:LIO) Shares Up 16.7% – Time to Buy?

Lion One Metals Limited (CVE:LIO)’s stock price shot up 16.7% on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.14. 1,424,650 shares were traded during mid-day trading, an increase of 73% from the average session volume of 823,894 shares. The stock had previously closed at C$0.12.

Lion One Metals Trading Up 14.3%

The firm has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.28. The stock has a market cap of C$64.46 million, a PE ratio of 5.33 and a beta of 0.80. The company has a current ratio of 1.15, a quick ratio of 11.23 and a debt-to-equity ratio of 18.36.

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.