Lomiko Metals (CVE:LMR) Trading 18.2% Higher – Here’s What Happened

Lomiko Metals Inc. (CVE:LMRGet Free Report) shot up 18.2% on Tuesday . The company traded as high as C$0.14 and last traded at C$0.13. 217,370 shares traded hands during trading, an increase of 176% from the average session volume of 78,759 shares. The stock had previously closed at C$0.11.

Lomiko Metals Trading Up 18.2%

The stock has a market cap of C$9.12 million, a P/E ratio of -1.63 and a beta of 0.55. The stock’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.11.

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

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