Laurion Mineral Exploration (CVE:LME) Trading Down 5.4% - Here's What Happened

Key Points

• Laurion Mineral Exploration Inc. shares fell by 5.4% during trading, reaching a low of C$0.35 after closing at C$0.37.
• The company has a market cap of C$95.93 million and a price-to-earnings ratio of -35.00.
• Laurion focuses on the acquisition, exploration, and development of mineral properties, particularly for gold, silver, zinc, and copper in Canada.

Laurion Mineral Exploration Inc. (CVE:LME - ) shares traded down 5.4% during trading on Thursday . The company traded as low as C$0.35 and last traded at C$0.35. 92,115 shares were traded during mid-day trading, an increase of 16% from the average session volume of 79,315 shares. The stock had previously closed at C$0.37.

Laurion Mineral Exploration Trading Down 5.4%

The firm has a market cap of C$95.93 million, a price-to-earnings ratio of -35.00 and a beta of -0.91. The stock's 50 day moving average is C$0.34 and its 200 day moving average is C$0.35.

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.

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