Argentina Lithium & Energy (CVE:LIT) Stock Price Down 19% – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s share price fell 19% during mid-day trading on Monday . The company traded as low as C$0.16 and last traded at C$0.16. 501,396 shares traded hands during trading, an increase of 95% from the average session volume of 256,986 shares. The stock had previously closed at C$0.20.

Argentina Lithium & Energy Trading Down 17.9%

The stock has a market cap of C$22.01 million, a PE ratio of -1.78 and a beta of 0.06. The business has a fifty day simple moving average of C$0.14 and a two-hundred day simple moving average of 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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