Lomiko Metals (CVE:LMR) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Lomiko Metals Inc. (CVE:LMRGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.11 and traded as high as C$0.11. Lomiko Metals shares last traded at C$0.11, with a volume of 33,819 shares trading hands.

Lomiko Metals Trading Up 4.8%

The company has a market cap of C$6.98 million, a P/E ratio of -3.67 and a beta of 1.19. The company has a 50-day simple moving average of C$0.11 and a 200 day simple moving average of C$0.11.

Lomiko Metals Company Profile

(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.

Read More