Laurion Mineral Exploration (CVE:LME) Hits New 1-Year Low – Time to Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) shares hit a new 52-week low during mid-day 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 changing hands. The stock had previously closed at C$0.20.

Laurion Mineral Exploration Price Performance

The stock has a market capitalization of C$52.96 million, a price-to-earnings ratio of -11.18 and a beta of -1.22. The stock has a 50-day moving average of C$0.21 and a 200 day moving average of C$0.23.

About Laurion Mineral Exploration

(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.

Further Reading

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