Lomiko Metals (CVE:LMR) Hits New 52-Week Low – Should You Sell?

Lomiko Metals Inc. (CVE:LMR) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 8673 shares trading hands. The stock had previously closed at C$0.09.

Lomiko Metals Price Performance

The stock’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.12. The company has a market capitalization of C$6.17 million, a price-to-earnings ratio of -1.06 and a beta of 0.34.

Lomiko Metals Company Profile

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. Lomiko Metals Inc was incorporated in 1987 and is based in Surrey, Canada.