Laurion Mineral Exploration (CVE:LME) Trading Up 2.2% – Should You Buy?

Laurion Mineral Exploration Inc. (CVE:LME)’s share price was up 2.2% during trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.23. Approximately 81,367 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 136,846 shares. The stock had previously closed at C$0.23.

Laurion Mineral Exploration Trading Up 2.2%

The stock has a market cap of C$64.10 million, a price-to-earnings ratio of -14.38 and a beta of -1.46. The stock’s 50 day moving average is C$0.26 and its two-hundred day moving average is C$0.30.

Laurion Mineral Exploration Company Profile

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.