Laurion Mineral Exploration (CVE:LME) Reaches New 12-Month Low – Time to Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.18 and last traded at C$0.19, with a volume of 62285 shares. The stock had previously closed at C$0.20.

Laurion Mineral Exploration Price Performance

The stock’s 50 day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.23. The firm has a market cap of C$52.96 million, a P/E ratio of -11.18 and a beta of -1.22.

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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