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

Shares of Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 80626 shares changing hands. The stock had previously closed at C$0.18.

Laurion Mineral Exploration Trading Down 2.8%

The stock has a market capitalization of C$48.78 million, a price-to-earnings ratio of -10.29 and a beta of -1.22. The company has a fifty day moving average of C$0.20 and a two-hundred day moving average of C$0.22.

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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