Shares of Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) dropped 17% on Tuesday . The company traded as low as C$0.19 and last traded at C$0.20. Approximately 264,381 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 299,652 shares. The stock had previously closed at C$0.24.
Argentina Lithium & Energy Trading Down 17.0%
The firm’s 50-day moving average price is C$0.14 and its 200 day moving average price is C$0.11. The company has a market cap of C$26.83 million, a price-to-earnings ratio of -2.17 and a beta of 0.06.
Argentina Lithium & Energy Company Profile
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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