Shares of Argentina Lithium & Energy Corp. (CVE:LIT – Get Free Report) dropped 18.5% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 749,280 shares changed hands during trading, an increase of 788% from the average daily volume of 84,404 shares. The stock had previously closed at C$0.14.
Argentina Lithium & Energy Stock Down 18.5%
The firm has a market cap of C$15.13 million, a P/E ratio of -1.22 and a beta of 0.33. The stock’s 50-day moving average is C$0.12 and its 200-day moving average is C$0.09.
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.
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