Stocks

Lion One Metals (CVE:LIO) Reaches New 52-Week Low - Should You Sell?

Published December 27, 2024

Lion One Metals Limited (CVE:LIO) experienced a significant drop in its stock price, reaching a new 52-week low during trading on Friday. The stock was recorded at a low of C$0.24, with the last transaction also occurring at C$0.24. The trading volume for the day was noted at 244,474 shares, while the previous day's closing price was C$0.25.

Lion One Metals alerts:

Lion One Metals Price Overview

The company has a market cap of C$62.89 million, with a price-to-earnings (P/E) ratio of -1.85 and a beta of 0.43. The stock has a 50-day moving average price of C$0.29 and a 200-day moving average price of C$0.34. Looking at its liquidity ratios, Lion One Metals shows a current ratio of 4.07 and a quick ratio of 11.23, while the debt-to-equity ratio is significantly higher at 23.06.

Lion One Metals shared its quarterly earnings on October 1, reporting a loss of C($0.05) earnings per share (EPS) for the quarter. The company generated revenue of C$9.36 million during the same period. However, it also recorded a troubling negative net margin of 185.32%, and the return on equity was negative at 16.07%. Currently, analysts predict that Lion One Metals Limited will achieve approximately 0.0199784 earnings per share for the ongoing year.

About Lion One Metals

Lion One Metals Limited focuses on acquiring, exploring, and evaluating mineral resources specifically in Fiji. Its primary asset is the Tuvatu Gold project, which is wholly owned by the company. This project encompasses four special prospecting licenses that cover around 13,613 hectares located on Fiji's Viti Levu island.

Related Topics

  • Five stocks we like better than Lion One Metals
  • How to Calculate Inflation Rate
  • S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains
  • 3 Stocks to Consider Buying in October
  • How AI Implementation Could Help MongoDB Roar Back in 2025
  • Stock Trading Terms - Stock Terms Every Investor Needs to Know
  • Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon?

This news alert was generated using technology and financial data to provide readers with fast and accurate updates.

Is now the time to invest $1,000 in Lion One Metals?

Before making any investment decisions regarding Lion One Metals, it’s important to consider expert advice. Currently, Lion One Metals holds a "Hold" rating among analysts, suggesting that investors may want to evaluate other options. Top-rated analysts have identified five stocks that they believe are more appealing right now than Lion One Metals.

For further insights, view suggested investment opportunities.

Lion, Metals, Stocks