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Laurion Mineral Exploration (CVE:LME) Trading 33.3% Higher - Should You Buy?

Laurion Mineral Exploration logo with Basic Materials background

Laurion Mineral Exploration Inc. (CVE:LME - Get Free Report)'s share price traded up 33.3% during trading on Friday . The stock traded as high as C$0.44 and last traded at C$0.40. 685,887 shares changed hands during mid-day 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 Stock Performance

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. The business's 50 day moving average price is C$0.33 and its 200 day moving average price is 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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