Argentina Lithium & Energy (CVE:LIT) Shares Down 19.1% – Here’s What Happened

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s share price fell 19.1% during mid-day trading on Monday . The company traded as low as C$0.19 and last traded at C$0.19. 256,996 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 299,037 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Performance

The stock has a market capitalization of C$26.14 million, a PE ratio of -2.11 and a beta of 0.06. The firm’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.11.

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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