Laurion Mineral Exploration (CVE:LME) Hits New 1-Year Low – Should You Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.19 and last traded at C$0.20, with a volume of 38075 shares. The stock had previously closed at C$0.20.

Laurion Mineral Exploration Stock Performance

The stock has a market cap of C$54.35 million, a PE ratio of -11.47 and a beta of -1.30. The company’s 50-day moving average price is C$0.21 and its 200 day moving average price is C$0.24.

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. The company was formerly known as Laurion Gold Inc and changed its name to Laurion Mineral Exploration Inc in October 2006.

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