Laurion Mineral Exploration (CVE:LME) Sets New 52-Week Low – Here’s Why

Laurion Mineral Exploration Inc. (CVE:LME – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 79083 shares. The stock had previously closed at C$0.14.

Laurion Mineral Exploration Stock Performance

The stock’s fifty day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.20. The company has a market capitalization of C$37.63 million, a price-to-earnings ratio of -7.94 and a beta of -1.25.

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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