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

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares were down 14.3% on Saturday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 202,745 shares were traded 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 Performance

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

Argentina Lithium & Energy Company Profile

(Get Free Report)

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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