Laurion Mineral Exploration (CVE:LME) Hits New 12-Month Low – Here’s Why

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 79083 shares traded. The stock had previously closed at C$0.14.

Laurion Mineral Exploration Stock Performance

The stock’s 50 day moving average price is C$0.17 and its 200 day moving average price is C$0.20. The company has a market capitalization of C$36.23 million, a P/E ratio of -7.65 and a beta of -1.25.

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.

Further Reading

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