Lion One Metals (CVE:LIO) Reaches New 1-Year Low - Should You Sell?

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 share price hit as low as C$0.24 and was last seen trading at that price as well. A total of 244,474 shares changed hands, down from the previous close of C$0.25.

Lion One Metals Price Performance

The company's market capitalization stands at C$62.89 million. Its price-to-earnings (P/E) ratio is -1.85, and the stock has a beta value of 0.43, indicating low volatility. Currently, the 50-day moving average price is C$0.29, while the 200-day moving average is C$0.34. Lion One Metals has a current ratio of 4.07 and a quick ratio of 11.23, suggesting strong liquidity. However, it has a debt-to-equity ratio of 23.06, indicating a high level of debt compared to its equity.

The company announced its quarterly earnings on October 1st, reporting an earnings per share (EPS) of C($0.05) for the quarter. During this period, it generated revenue of C$9.36 million. The negative net margin sits at 185.32%, along with a negative return on equity of 16.07%. Analysts project that Lion One Metals Limited will report an EPS of approximately 0.0199784 for the current year.

Lion One Metals Company Profile

Lion One Metals Limited focuses on acquiring, exploring, and assessing mineral resources in Fiji. The firm’s primary asset is the Tuvatu Gold project, which it wholly owns. This project includes four special prospecting licenses that cover about 13,613 hectares on the island of Viti Levu, Fiji.

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This news report aims to present current data to aid investors in making informed decisions. The information was reviewed and compiled to ensure accuracy.

Should You Invest $1,000 in Lion One Metals Right Now?

Before investing in Lion One Metals, it's crucial to consider various factors. Market experts continuously track stock performance and analyze recommendations from top-rated analysts. Notably, Lion One Metals currently holds a 'Hold' rating among analysts, suggesting some caution for potential investors. Meanwhile, analysts have identified five alternative stocks that they believe present stronger investment opportunities.

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