Lomiko Metals (CVE:LMR) Reaches New 12-Month Low – Should You Sell?

Lomiko Metals Inc. (CVE:LMR) reached a new 52-week low during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 21475 shares traded. The stock had previously closed at C$0.08.

Lomiko Metals Price Performance

The company has a market cap of C$5.45 million, a price-to-earnings ratio of -0.94 and a beta of 0.28. The stock has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.11.

About Lomiko Metals

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.