Lomiko Metals (CVE:LMR) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.11 and traded as high as C$0.14. Lomiko Metals shares last traded at C$0.14, with a volume of 800 shares changing hands.

Lomiko Metals Trading Down 6.7%

The stock has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.11. The firm has a market capitalization of C$9.82 million, a price-to-earnings ratio of -1.75 and a beta of 0.64.

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.

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