Laurion Mineral Exploration (CVE:LME) Trading Up 1.5% - What's Next?

Key Points

• Laurion Mineral Exploration Inc. saw its stock price increase by 1.5%, closing at C$0.33 during trading on Wednesday.
• The company has a market cap of C$90.45 million and a P/E ratio of -33.00, indicating it has yet to achieve profitability.
• Laurion engages in the acquisition and exploration of mineral properties, focusing on deposits of precious and base metals, particularly at its flagship Ishkoday property in Canada.

Laurion Mineral Exploration Inc. (CVE:LME - )'s stock price was up 1.5% during trading on Wednesday . The stock traded as high as C$0.33 and last traded at C$0.33. Approximately 29,000 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 77,632 shares. The stock had previously closed at C$0.33.

Laurion Mineral Exploration Stock Performance

The company has a market cap of C$90.45 million, a P/E ratio of -33.00 and a beta of -0.75. The stock's fifty day moving average price is C$0.34 and its two-hundred day moving average price is C$0.35.

About Laurion Mineral Exploration

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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