Laurion Mineral Exploration (CVE:LME) Shares Down 6.5% – Time to Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s share price was down 6.5% on Thursday . The stock traded as low as C$0.28 and last traded at C$0.29. Approximately 188,198 shares traded hands during mid-day trading, an increase of 162% from the average daily volume of 71,713 shares. The stock had previously closed at C$0.31.

Laurion Mineral Exploration Trading Down 6.5%

The firm’s 50 day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.37. The firm has a market cap of C$79.31 million, a price-to-earnings ratio of -21.66 and a beta of 0.05.

About Laurion Mineral Exploration

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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.

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