Laurion Mineral Exploration (CVE:LME) Reaches New 1-Year Low – Here’s Why

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.26 and last traded at C$0.29, with a volume of 94537 shares trading hands. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Trading Down 3.3%

The firm has a 50-day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.35. The company has a market capitalization of C$79.49 million, a price-to-earnings ratio of -29.00 and a beta of -0.43.

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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