Lion One Metals Limited’s (CVE:LIO) Share Price Is Matching Sentiment Around Its Revenues
You may think that with a price-to-sales (or “P/S”) ratio of 1.8x Lion One Metals Limited (CVE:LIO) is definitely a stock worth checking out, seeing as almost half of all the Metals and Mining companies in Canada have P/S ratios greater than 4.4x and even P/S above 29x aren’t out of the ordinary. However, the P/S might be quite low for a reason and it requires further investigation to determine if it’s justified.
Check out our latest analysis for Lion One Metals
How Lion One Metals Has Been Performing
Recent times have been quite advantageous for Lion…