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

Lion One Metals Limited (CVE:LIO) reached a new 52-week low during afternoon trading on Friday, hitting C$0.24 before closing at the same price. There was a trading volume of 244,474 shares on that day, compared to a previous closing price of C$0.25.

Lion One Metals Price Performance

The company's market capitalization stands at C$62.89 million, with a price-to-earnings (P/E) ratio of -1.85 and a beta value of 0.43. In terms of moving averages, the stock has a 50-day moving average of C$0.29 and a 200-day moving average of C$0.34. Financially, the company shows a current ratio of 4.07, a quick ratio of 11.23, and a debt-to-equity ratio of 23.06.

On October 1st, Lion One Metals disclosed its quarterly earnings report. The company reported earnings per share (EPS) of C($0.05) for the latest quarter, along with a revenue total of C$9.36 million. However, Lion One Metals noted a negative net margin of 185.32% and a negative return on equity of 16.07%. Analysts expect that Lion One Metals Limited will post an EPS of approximately 0.0199784 for the current year.

About Lion One Metals

Lion One Metals Limited is focused on the acquisition, exploration, and assessment of mineral resources, primarily in Fiji. The company's main asset is the Tuvatu Gold project, which it wholly owns. This project encompasses four special prospecting licenses covering roughly 13,613 hectares on the island of Viti Levu in Fiji.

Investing Insights

Before making any investment decisions, particularly in regard to Lion One Metals, investors should consider the advice from reputable financial analysts. Currently, Lion One Metals holds a 'Hold' rating among analysts. However, some of the top-rated analysts believe that there are several stocks that may offer better investment opportunities at this time.

For individuals considering an investment of $1,000 in Lion One Metals, it may be beneficial to explore the five stocks that top analysts are recommending to clients, which do not include Lion One Metals.

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