Laurion Mineral Exploration (CVE:LME) Stock Price Up 2.3% - What's Next?

Key Points

• Shares of Laurion Mineral Exploration (CVE:LME) rose 2.3% on Friday, trading between C$0.22 and C$0.23 with volume of about 72,844 shares, down ~25% from the daily average.
• The company has a market capitalization of C$61.32 million, a negative P/E of -12.94, a beta of -1.73, and its 50-day SMA (C$0.22) is below the 200-day SMA (C$0.27).
• Laurion is a Canadian mineral explorer focused on gold, silver, zinc and copper, with its flagship Ishkoday property covering 57.43 km² in the Thunder Bay mining district.

Laurion Mineral Exploration Inc. (CVE:LME - ) rose 2.3% on Friday . The stock traded as high as C$0.23 and last traded at C$0.22. Approximately 72,844 shares were traded during trading, a decline of 25% from the average daily volume of 96,501 shares. The stock had previously closed at C$0.22.

Laurion Mineral Exploration Trading Up 2.3%

The stock has a market capitalization of C$61.32 million, a PE ratio of -12.94 and a beta of -1.73. The firm's 50-day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.27.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.