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Laurion Mineral Exploration (CVE:LME) Shares Up 33.3% - Time to Buy?

Laurion Mineral Exploration logo with Basic Materials background

Shares of Laurion Mineral Exploration Inc. (CVE:LME - Get Free Report) were up 33.3% on Friday . The company traded as high as C$0.44 and last traded at C$0.40. Approximately 685,887 shares were traded during mid-day trading, an increase of 785% from the average daily volume of 77,542 shares. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Price Performance

The stock has a market capitalization of C$109.40 million, a PE ratio of -29.87 and a beta of 0.05. The company has a 50 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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