Lomiko Metals (CVE:LMR) Shares Cross Above 200-Day Moving Average – Here’s Why

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.12 and traded as high as C$0.12. Lomiko Metals shares last traded at C$0.12, with a volume of 3,000 shares.

Lomiko Metals Stock Performance

The stock has a 50-day moving average of C$0.11 and a two-hundred day moving average of C$0.12. The company has a market cap of C$6.27 million, a P/E ratio of -4.00 and a beta of 1.19.

Lomiko Metals Company Profile

(Get Free Report)

Lomiko Metals Inc engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite and lithium deposits. The company's flagship project is its 100% owned La Loutre graphite property located in Laurentian region of Quebec. The company was formerly known as Lomiko Resources Inc and changed its name to Lomiko Metals Inc in October 2008.

Further Reading

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