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

Laurion Mineral Exploration Inc. (CVE:LME – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.19 and last traded at C$0.20, with a volume of 62316 shares traded. The stock had previously closed at C$0.20.

Laurion Mineral Exploration Price Performance

The firm’s 50-day moving average price is C$0.22 and its 200 day moving average price is C$0.24. The company has a market capitalization of C$55.74 million, a P/E ratio of -11.76 and a beta of -1.30.

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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