Laurion Mineral Exploration (CVE:LME) Stock Price Down 1.4% - Time to Sell?

Key Points

• The stock price of Laurion Mineral Exploration (CVE:LME) decreased by 1.4% to C$0.36, with trading volume dropping by 25% from its average.
• The company's market capitalization stands at C$97.09 million, and it has a price-to-earnings ratio of -26.51.
• Laurion engages in the acquisition, exploration, and development of mineral properties in Canada, focusing on gold, silver, zinc, copper, and other base metals.

Laurion Mineral Exploration Inc. (CVE:LME - ) traded down 1.4% on Tuesday . The company traded as low as C$0.35 and last traded at C$0.36. 61,663 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 82,294 shares. The stock had previously closed at C$0.36.

Laurion Mineral Exploration Price Performance

The firm has a market capitalization of C$97.09 million, a price-to-earnings ratio of -26.51 and a beta of 0.05. The stock has a fifty day moving average of C$0.39 and a two-hundred day moving average of C$0.36.

About Laurion Mineral Exploration

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.