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Laurion Mineral Exploration (CVE:LME) Shares Up 33.3% - Still a Buy?

Laurion Mineral Exploration logo with Basic Materials background

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

Laurion Mineral Exploration Price Performance

The stock has a 50-day moving average of C$0.33 and a 200-day moving average of C$0.36. The firm has a market cap of C$108.03 million, a price-to-earnings ratio of -29.50 and a beta of 0.05.

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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