Argentina Lithium & Energy (CVE:LIT) Stock Price Down 18.5% – What’s Next?

Argentina Lithium & Energy Corp. (CVE:LITGet Free Report) shares 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 traded 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 Price Performance

The business’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.09. The firm has a market capitalization of C$15.13 million, a PE ratio of -1.22 and a beta of 0.33.

About Argentina Lithium & Energy

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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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