Lion One Metals (CVE:LIO) Trading Down 2.7% – Here’s Why

Shares of Lion One Metals Limited (CVE:LIO) were down 2.7% during trading on Tuesday . The company traded as low as C$0.36 and last traded at C$0.37. Approximately 47,612 shares were traded during trading, a decline of 95% from the average daily volume of 936,159 shares. The stock had previously closed at C$0.38.

Analyst Upgrades and Downgrades

Separately, Atrium Research raised shares of Lion One Metals to a “strong-buy” rating in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Lion One Metals has an average rating of “Strong Buy”.

Lion One Metals Trading Down 2.7%

The company has a market cap of C$147.04 million, a PE ratio of -36.50 and a beta of 1.20. The company has a debt-to-equity ratio of 23.85, a quick ratio of 11.23 and a current ratio of 4.51. The company has a 50 day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.29.

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.