Argentina Lithium & Energy (CVE:LIT) Stock Price Down 7.4% – Here’s What Happened

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s stock price fell 7.4% on Monday . The company traded as low as C$0.12 and last traded at C$0.13. 121,084 shares changed hands during trading, a decline of 75% from the average session volume of 484,614 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Stock Performance

The business’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.12. The stock has a market capitalization of C$21.76 million, a price-to-earnings ratio of -0.83 and a beta of 0.23.

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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