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Laurion Mineral Exploration (CVE:LME) Trading 28.3% Higher - Here's What Happened

Laurion Mineral Exploration logo with Basic Materials background

Laurion Mineral Exploration Inc. (CVE:LME - Get Free Report) shares shot up 28.3% during trading on Thursday . The stock traded as high as C$0.44 and last traded at C$0.39. 639,691 shares traded hands during mid-day trading, an increase of 729% from the average session volume of 77,133 shares. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Price Performance

The firm has a fifty day simple moving average of C$0.33 and a 200 day simple moving average of C$0.36. The company has a market capitalization of C$108.03 million, a price-to-earnings ratio of -29.50 and a beta of 0.05.

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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