Lithium Ionic (CVE:LTH) Shares Down 1% – Should You Sell?

Lithium Ionic Corp. (CVE:LTH) shares were down 1% during mid-day trading on Wednesday . The stock traded as low as C$1.00 and last traded at C$1.00. Approximately 420,130 shares were traded during trading, an increase of 17% from the average daily volume of 359,963 shares. The stock had previously closed at C$1.01.

Lithium Ionic Stock Down 1.0%

The firm’s 50-day moving average price is C$1.09 and its 200 day moving average price is C$0.91. The firm has a market cap of C$173.75 million, a P/E ratio of -100.00 and a beta of 2.16.