Argentina Lithium & Energy (CVE:LIT) Stock Price Down 14.3% – Here’s Why

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report)’s share price was down 14.3% on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 202,745 shares changed hands during mid-day trading, an increase of 193% from the average daily volume of 69,121 shares. The stock had previously closed at C$0.07.

Argentina Lithium & Energy Stock Down 14.3%

The company’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.08. The firm has a market cap of C$6.90 million and a price-to-earnings ratio of -0.14.

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.

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