Laurion Mineral Exploration (CVE:LME) Stock Price Down 2.3% - Should You Sell?

Key Points

• Share movement: Laurion Mineral Exploration (CVE:LME) fell 2.3% to C$0.22, with just 11,884 shares trading—an 89% decline from its average daily volume.
• Key metrics: The stock trades below its 50‑day (C$0.23) and 200‑day (C$0.28) moving averages, has a market cap of C$59.92 million, a negative P/E of -13.44 and a beta of -1.73.
• Business profile: Laurion is a Canadian mineral exploration company targeting gold, silver, zinc and copper, with the 57.43 km² Ishkoday property as its flagship asset.

Laurion Mineral Exploration Inc. (CVE:LME - ) was down 2.3% during trading on Thursday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 11,884 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 105,983 shares. The stock had previously closed at C$0.22.

Laurion Mineral Exploration Stock Down 2.3%

The company's fifty day moving average is C$0.23 and its 200 day moving average is C$0.28. The stock has a market cap of C$59.92 million, a PE ratio of -13.44 and a beta of -1.73.

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. 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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