Laurion Mineral Exploration (CVE:LME) Reaches New 52-Week Low – Should You Sell?

Laurion Mineral Exploration Inc. (CVE:LME – Get Free Report) hit a new 52-week low during trading on Tuesday. The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 118,161 shares. The stock had previously closed at C$0.12.

Laurion Mineral Exploration Price Performance

The firm has a market cap of C$32.50 million, a price-to-earnings ratio of -6.39 and a beta of -0.65. The business’s 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.19.

About Laurion Mineral Exploration

(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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