Lomiko Metals (CVE:LMR) Share Price Passes Above 200 Day Moving Average – What’s Next?

Lomiko Metals Inc. (CVE:LMR)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.16. Lomiko Metals shares last traded at C$0.15, with a volume of 36,325 shares.

Lomiko Metals Stock Performance

The firm has a market capitalization of C$10.52 million, a PE ratio of -1.88 and a beta of 0.64. The company has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.12.

Lomiko Metals Company Profile

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. Lomiko Metals Inc was incorporated in 1987 and is based in Surrey, Canada.