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Laurion Mineral Exploration (CVE:LME) Stock Price Up 33.3% - Still a Buy?

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 stock traded as high as C$0.44 and last traded at C$0.40. 685,887 shares were traded 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 Trading Down 1.3%

The firm has a market capitalization of C$108.03 million, a price-to-earnings ratio of -29.50 and a beta of 0.05. The stock has a fifty day moving average price of C$0.33 and a 200-day moving average price of C$0.36.

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.

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