Laurion Mineral Exploration (CVE:LME) Sets New 52-Week Low – Here’s Why
by Danessa Lincoln · The Markets DailyLaurion Mineral Exploration Inc. (CVE:LME – Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 80626 shares. The stock had previously closed at C$0.18.
Laurion Mineral Exploration Stock Performance
The stock has a market cap of C$48.78 million, a P/E ratio of -10.29 and a beta of -1.22. The firm has a 50 day moving average of C$0.20 and a two-hundred day moving average of C$0.22.
Laurion Mineral Exploration Company Profile
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.