Argentina Lithium & Energy (CVE:LIT) Stock Price Down 14.9% – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s share price was down 14.9% during mid-day trading on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 232,786 shares were traded during trading, a decline of 22% from the average daily volume of 297,019 shares. The stock had previously closed at C$0.24.

Argentina Lithium & Energy Stock Down 17.0%

The company’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.11. The firm has a market capitalization of C$26.83 million, a price-to-earnings ratio of -2.17 and a beta of 0.06.

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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