Argentina Lithium & Energy (CVE:LIT) Trading 10.7% Higher – Here’s What Happened

Shares of Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) traded up 10.7% on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. 306,440 shares were traded during mid-day trading, an increase of 8% from the average session volume of 282,923 shares. The stock had previously closed at C$0.14.

Argentina Lithium & Energy Stock Performance

The business has a 50-day simple moving average of C$0.15 and a 200-day simple moving average of C$0.11. The company has a market cap of C$20.63 million, a price-to-earnings ratio of -1.67 and a beta of -0.71.

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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