Laurion Mineral Exploration (CVE:LME) Shares Up 33.3% – Still a Buy?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s share price rose 33.3% on Friday . The company traded as high as C$0.44 and last traded at C$0.40. Approximately 685,887 shares changed hands during trading, an increase of 785% from the average daily volume of 77,542 shares. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Trading Up 33.3%

The business has a 50 day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.36. The company has a market cap of C$109.40 million, a PE ratio of -29.87 and a beta of 0.05.

Laurion Mineral Exploration Company Profile

(Get Free Report)

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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