Laurion Mineral Exploration (CVE:LME) Trading 2.4% Higher – Time to Buy?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) traded up 2.4% on Tuesday . The company traded as high as C$0.23 and last traded at C$0.21. 149,630 shares changed hands during mid-day trading, an increase of 67% from the average session volume of 89,383 shares. The stock had previously closed at C$0.21.

Laurion Mineral Exploration Price Performance

The stock has a 50 day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.25. The company has a market cap of C$58.53 million, a PE ratio of -12.35 and a beta of -1.90.

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. The company was formerly known as Laurion Gold Inc and changed its name to Laurion Mineral Exploration Inc in October 2006.

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