Lion One Metals (CVE:LIO) Trading Up 1.7% – Here’s What Happened

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

Analyst Upgrades and Downgrades

Separately, Atrium Research raised shares of Lion One Metals to a “strong-buy” rating in a research note on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has an average rating of “Strong Buy”.

Lion One Metals Trading Up 1.7%

The firm has a 50-day moving average of C$0.27 and a 200 day moving average of C$0.28. The company has a market cap of C$122.87 million, a P/E ratio of -30.50 and a beta of 0.82. The company has a current ratio of 4.51, a quick ratio of 11.23 and a debt-to-equity ratio of 23.85.

About Lion One Metals

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.