Lomiko Metals (CVE:LMR) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Lomiko Metals Inc. (CVE:LMR)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.11 and traded as low as C$0.10. Lomiko Metals shares last traded at C$0.10, with a volume of 713,637 shares trading hands.

Lomiko Metals Stock Up 5.3%

The stock has a market cap of C$7.01 million, a price-to-earnings ratio of -1.25 and a beta of 1.01. The company has a 50 day simple moving average of C$0.11 and a 200 day simple moving average of C$0.11.

About Lomiko Metals

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.