Lion One Metals (CVE:LIO) Trading 1.7% Higher – Should You Buy?

Lion One Metals Limited (CVE:LIO) rose 1.7% on Monday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 626,793 shares were traded during trading, a decline of 24% from the average daily volume of 824,967 shares. The stock had previously closed at C$0.30.

Analyst Upgrades and Downgrades

Separately, Atrium Research upgraded Lion One Metals to a “strong-buy” rating in a report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Lion One Metals presently has a consensus rating of “Strong Buy”.

Lion One Metals Stock Up 1.7%

The firm has a market capitalization of C$122.87 million, a price-to-earnings ratio of -30.50 and a beta of 0.82. The company has a debt-to-equity ratio of 23.85, a current ratio of 4.51 and a quick ratio of 11.23. The stock has a fifty day moving average of C$0.27 and a two-hundred day moving average of C$0.28.

Lion One Metals Company Profile

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji. The company’s principal property is the 100% owned Tuvatu Gold project, which comprise four special prospecting licenses covering an area of approximately 13,613 hectares located on the island of Viti Levu in Fiji. Lion One Metals Limited is headquartered in North Vancouver, Canada.