Lomiko Metals (CVE:LMR) Stock Price Down 12.5% – Time to Sell?

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s share price dropped 12.5% during trading on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 462,681 shares changed hands during trading, an increase of 545% from the average daily volume of 71,691 shares. The stock had previously closed at C$0.12.

Lomiko Metals Price Performance

The stock’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.12. The stock has a market capitalization of C$5.75 million, a PE ratio of -3.67 and a beta of 1.19.

Lomiko Metals Company Profile

(Get Free Report)

Lomiko Metals Inc engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite and lithium deposits. The company's flagship project is its 100% owned La Loutre graphite property located in Laurentian region of Quebec. The company was formerly known as Lomiko Resources Inc and changed its name to Lomiko Metals Inc in October 2008.

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