Lydian International (LYD) Sets New 12-Month High at $0.45

Shares of Lydian International Ltd. (TSE:LYD) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.45 and last traded at C$0.42, with a volume of 440460 shares trading hands. The stock had previously closed at C$0.41.

Separately, BMO Capital Markets cut their price objective on Lydian International from C$0.75 to C$0.70 in a research report on Monday, October 2nd.

The stock has a market cap of $322.97, a price-to-earnings ratio of 43.00 and a beta of 0.27.

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Lydian International Company Profile

Lydian International Limited is a gold-focused mineral development company pursuing resources in emerging and transitional geopolitical regions. The Company’s main project is the Amulsar Gold Project, a gold development-stage project located in the Republic of Armenia. The Company holds a combined exploration-mining license covering an early-stage gold prospect known as the Kela Project in the Guri region of the Ozurgeti province in Georgia.

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