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Laurion Mineral Exploration (CVE:LME) Trading Up 30% - Time to Buy?

Laurion Mineral Exploration logo with Basic Materials background

Laurion Mineral Exploration Inc. (CVE:LME - Get Free Report)'s share price rose 30% on Thursday . The company traded as high as C$0.44 and last traded at C$0.39. Approximately 628,191 shares were traded during trading, an increase of 718% from the average daily volume of 76,763 shares. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Stock Performance

The firm has a market cap of C$109.40 million, a price-to-earnings ratio of -29.87 and a beta of 0.05. The stock has a 50-day moving average of C$0.33 and a 200-day moving average of C$0.36.

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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