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Laurion Mineral Exploration (CVE:LME) Shares Up 33.3% - Here's Why

Laurion Mineral Exploration logo with Basic Materials background

Shares of Laurion Mineral Exploration Inc. (CVE:LME - Get Free Report) shot up 33.3% on Friday . The company traded as high as C$0.44 and last traded at C$0.40. 685,887 shares traded hands during mid-day trading, an increase of 785% from the average session volume of 77,542 shares. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Price Performance

The business has a fifty day moving average price of C$0.33 and a two-hundred day moving average price of C$0.36. The firm has a market capitalization of C$109.40 million, a price-to-earnings ratio of -29.87 and a beta of 0.05.

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.

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