Lomiko Metals (CVE:LMR) Stock Price Up 7.1% – Time to Buy?

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s share price was up 7.1% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 30,876 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 132,965 shares. The stock had previously closed at C$0.07.

Lomiko Metals Stock Performance

The firm has a market cap of C$5.56 million, a price-to-earnings ratio of -0.94 and a beta of 0.28. The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.11.

About Lomiko Metals

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

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