Lomiko Metals (CVE:LMR) Stock Price Down 9.6% – Here’s What Happened

Lomiko Metals Inc. (CVE:LMRGet Free Report) shares dropped 9.6% during mid-day trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 127,199 shares changed hands during trading, a decline of 13% from the average daily volume of 146,105 shares. The stock had previously closed at C$0.08.

Lomiko Metals Stock Performance

The company’s 50 day moving average is C$0.10 and its 200-day moving average is C$0.11. The stock has a market cap of C$5.45 million, a PE ratio of -0.94 and a beta of 0.34.

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.

Featured Stories

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