Laurion Mineral Exploration (CVE:LME) Shares Down 2.5% – Here’s Why

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s stock price fell 2.5% during trading on Wednesday . The stock traded as low as C$0.39 and last traded at C$0.39. 78,254 shares traded hands during trading, a decline of 27% from the average session volume of 107,776 shares. The stock had previously closed at C$0.40.

Laurion Mineral Exploration Price Performance

The firm has a market cap of C$104.45 million, a P/E ratio of -19.50 and a beta of 0.05. The company has a debt-to-equity ratio of 4.93, a current ratio of 19.62 and a quick ratio of 35.69. The firm’s 50 day moving average is C$0.40 and its 200 day moving average is C$0.40.

Laurion Mineral Exploration Company Profile

(Get Free Report)

Laurion Mineral Exploration Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, zinc, copper, and other base metal deposits. The company's flagship property is the Ishkoday property covering an area of 57.43 square kilometer located in Irwin, Pifher, Walters, and Elmhirst townships, Thunder Bay Mining Division.

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