Lomiko Metals (CVE:LMR) Reaches New 12-Month Low – What’s Next?

Lomiko Metals Inc. (CVE:LMRGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 6695 shares changing hands. The stock had previously closed at C$0.07.

Lomiko Metals Stock Down 7.7%

The firm has a market cap of C$4.45 million, a price-to-earnings ratio of -0.75 and a beta of 0.28. The business has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.11.

About Lomiko Metals

(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. Lomiko Metals Inc was incorporated in 1987 and is based in Surrey, Canada.

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