Leading Edge Materials (CVE:LEM) Sets New 52-Week Low at $0.07

Leading Edge Materials Corp (CVE:LEM)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.08, with a volume of 94500 shares. The stock had previously closed at C$0.07.

The firm has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.19. The stock has a market capitalization of $7.16 million and a price-to-earnings ratio of -2.34.

Leading Edge Materials Company Profile (CVE:LEM)

Leading Edge Materials Corp., a junior mining company, engages in the exploration and development of mineral resource properties. It explores for graphite, lithium, rare earth elements, and cobalt. The company's flagship project is the Woxna project that comprises 4 exploitation mining concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg with an area totaling 146.71 hectares located near the town of Edsbyn, Sweden.

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