Argentina Lithium & Energy (CVE:LIT) Shares Down 5.1%

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s share price was down 5.1% during trading on Thursday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 103,535 shares traded hands during mid-day trading, an increase of 76% from the average daily volume of 58,701 shares. The stock had previously closed at C$0.30.

Argentina Lithium & Energy Trading Down 5.1 %

The firm has a market cap of C$36.72 million, a price-to-earnings ratio of -2.80 and a beta of 0.12. The company has a 50-day moving average price of C$0.30 and a 200 day moving average price of C$0.34. The company has a quick ratio of 2.02, a current ratio of 0.92 and a debt-to-equity ratio of 1.09.

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. The company holds 100% interest in the Incahuasi lithium project covering an area of approximately 13,372 hectares of granted mineral rights properties located in the Catamarca Province, Argentina.

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