Laurion Mineral Exploration (CVE:LME) Stock Price Down 2.5% – Time to Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s share price traded down 2.5% during mid-day trading on Wednesday . The stock traded as low as C$0.39 and last traded at C$0.39. 78,254 shares were traded during mid-day trading, a decline of 27% from the average session volume of 107,776 shares. The stock had previously closed at C$0.40.

Laurion Mineral Exploration Price Performance

The stock’s 50 day simple moving average is C$0.40 and its 200 day simple moving average is C$0.40. The company has a debt-to-equity ratio of 4.93, a quick ratio of 35.69 and a current ratio of 19.62. The firm has a market capitalization of C$103.11 million, a P/E ratio of -19.25 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.

See Also

Receive News & Ratings for Laurion Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laurion Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.