What’s in Lion One Metals Ltd After Today’s Huge Increase?

 What's in Lion One Metals Ltd After Today's Huge Increase?

The stock of Lion One Metals Ltd (CVE:LIO) is a huge mover today! About 30,500 shares traded hands or 31.66% up from the average. Lion One Metals Ltd (CVE:LIO) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.
The move comes after 5 months positive chart setup for the $76.73 million company. It was reported on Nov, 23 by Barchart.com. We have $0.83 PT which if reached, will make CVE:LIO worth $4.60 million more.

More important recent Lion One Metals Ltd (CVE:LIO) news were published by: Juniorminingnetwork.com which released: “Lion One Metals Intersects 71.41 g/t Gold over 8.41 Meters at Tuvatu Gold …” on November 23, 2016, also Marketwired.com published article titled: “Lion One Announces Non-Brokered Private Placement”, Marketwired.com published: “Lion One Announces Grant of Mining Lease Approved for High Grade Tuvatu Gold …” on March 23, 2015. More interesting news about Lion One Metals Ltd (CVE:LIO) was released by: Marketwired.com and their article: “Lion One Announces Completion of $38 Million Private Placement” with publication date: September 16, 2016.

Lion One Metals Limited is engaged in the business of acquiring, exploring, and developing mineral properties. The company has a market cap of $76.73 million. The Firm has non-material exploration properties, including a tenement interest in the Olary Creek iron project in South Australia, and over two exploration properties covering over 27,490 hectares within two special prospecting licenses on the island of Vanua Levu in Fiji. It currently has negative earnings. The Company’s primary asset is the Tuvatu Gold Project located near Nadi on the island of Viti Levu, Fiji.

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