Laurion Mineral Exploration (CVE:LME) Sets New 1-Year Low - Here's What Happened

Key Points

• Laurion Mineral Exploration (CVE:LME) shares hit a new 52-week low, trading as low as C$0.19 and last at C$0.21 on volume of 77,643 shares.
• The stock has a market cap of C$58.53 million, a negative PE of -13.13, and is trading below its 50-day (C$0.25) and 200-day (C$0.29) moving averages, with a beta of -1.94.
• Company profile: Laurion is a Canadian mineral exploration firm targeting gold, silver, zinc and copper, with its flagship 57.43 km² Ishkoday property in the Thunder Bay Mining Division.

Laurion Mineral Exploration Inc. (CVE:LME - ) shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.19 and last traded at C$0.21, with a volume of 77643 shares trading hands. The stock had previously closed at C$0.21.

Laurion Mineral Exploration Price Performance

The stock has a market cap of C$58.53 million, a PE ratio of -13.13 and a beta of -1.94. The company has a 50 day moving average price of C$0.25 and a two-hundred day moving average price of C$0.29.

Laurion Mineral Exploration Company Profile

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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